Addlestone's Leading Tow Bar Service 'Motormate' and Thule Dealer for Sale in Surrey
Addlestone, Surrey
- Status
FOR SALE
- Date Submitted:
02/08/23
- Advert ID
517538
- Reference
P34397SY / Rightbiz
- Call Agent:
- Leasehold: £29,950
- Turnover: £200,000 (£3,846 Per week)
- Net Profit: Not Applicable
Business Details
Motormate, Surrey
Key Features:
- Established business of 45 years
- Car accessory and Tow fitting service business
- Busy Surrey Location
- Average Turnover in the region of £200k per annum
- Adjusted Net Profit in the region of £50k per annum
- Good size workshop and additional parking
- Surreys biggest Thule’ dealers.
- Appointed ‘Auto Glym’ Stockist
- 5 ½ day a week opening
- Further potential to expand.
A rare opportunity to purchase this established business of 45 years. The current seller has built an excellent reputation offering a fitting service for tow bars for which they have been averaging 200 per year and being Surreys biggest independent 'Thule' dealer. Furthermore, it offers a good range of accessories associated to the motor trade, so is a one stop shop for anything cars. It has an average turnover of approximately £200k per annum with an adjusted net profit of £50k per annum. It has excellent google reviews, good retail space, workshop area with carparking to the rear as well as ample customer car parking to the front of the shop.
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01865 689400.
Contact Agent
Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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