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Prime Location Used Car Dealership with In-House Servicing and Residential Flats for Sale

Birmingham, West Midlands

CONFIDENTIAL

  • Freehold: Price on Application
  • Turnover: £4,100,000 (£78,846 per week)
  • Profit: On request

Key Features

  • Offers Invited

Business Details

Used car dealership based in Birmingham

The company provides an extensive range of used cars in addition to vehicle servicing and MOTs.

The business maintains a continuously updated portfolio of stock including major brands such as Audi, Honda, Citroën, Renault, and Volkswagen.

The business operates from custom-fit premises comprising a vast car showroom, MOT bay with ramp, seven additional ramps, workshop, valet bay, and external secure rear yard.

The company is offered for sale to facilitate retirement plans.

In-house workshop enables the business to undertake custom services to prepare the vehicle for sale and provide after care services.

Skilled and experienced in-house workforce with second-tier management in place.

Operates from freehold premises included in the sale, subject to discussion.

The premises are situated in a prime location close to major transport links, with a showroom, extensive parking spaces, and an on-site workshop.

The premises include residential flats which generate additional income.

Turnover of over £4.1m achieved in YE25, with an adjusted EBITDA of circa £143k.

Turnover is forecast to reach to £5.7m in YE26, with an adjusted EBITDA of £396k.

Turnover and adjusted EBITDA are both anticipated to increase between YE25 and YE26 by 38% and 176% respectively.

Offers invited.
 

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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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The data showed regarding this advert 'Used car dealership based in Birmingham - 157011 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.