Established 2020 Used Car Business in Andover Hampshire with Growth Potential for Sale
Andover, Hampshire
- Status
FOR SALE
- Advert ID
623670
- Leasehold: Price on Application
- Rent: £9,720 (£810 per month)
- Turnover: £500,000 (£9,615 per week)
- Profit: On request
Key Features
- Accounts Available
- Offers Invited
Business Details
Used car business Andover
The sale of this business presents a massive opportunity for growth and expansion. Situated in a strategic location close to the town center and mainline railway into London, it benefits from nearby amenities such as shops, restaurants, and public services that continually attract potential customers. Given its excellent location and the convenience it offers, this business is well-positioned for success.
The premises provide substantial space, capable of storing 11 vehicles inside with additional parking for 7 more outside. This ample space offers flexibility and potential for expansion in inventory or service offerings.
This used car business in Andover, Hampshire, established and owned since 2020, is being offered for sale due to the owner's other business interests, which limit the time they can devote to this venture. The associated leasehold opportunity is available at an asking price upon request, and the business boasts a current turnover of £500,000 annually. The annual rent is competitive at £9,720.
Included in the sale are all stocks, along with advertising groups on social media, enhancing the overall value of the investment. The business currently maintains an online presence, which is crucial in extending its reach and engaging with potential customers. Accounts are also available for review.
Prospective buyers are encouraged to consider this offer, as offers are invited. This opportunity is not only financially promising but also strategically appealing for anyone looking to enter or expand within the used car dealership industry.
For further details regarding the business and pricing information, inquiries are invited as the owner is open to discussions and ready to negotiate terms with serious buyers.
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Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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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