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Vehicle parts retailer for sale in Nottinghamshire with leasehold opportunity

Undisclosed, Nottinghamshire

CONFIDENTIAL SALE

  • Leasehold: £1,250,000
  • Turnover: £2,300,000 (£44,231 per week)
  • Net Profit: Not Applicable

Business Details

A Vehicle Parts Retailer in Nottinghamshire

Turnover for FY24 was £2.2m, growth is expected to continue, with the business 10% up in FY25
EBITDA for FY24 was £440k, projecting £500k for FY25
Stock levels currently sit at approx. £600k.
The business offers the supply of van and 4x4 styling accessories to clients throughout the country.
Well-established in the region, with our client having operated within the sector for over 35 years.
Currently operating with over 10,000 clients on both a B2B and B2B basis.
Strong second tier management structure in place, capable of running the business without director oversight.
With strong relationships in place with many OEM’S, The business supplies these products directly to clients.

Kings Corporate are delighted to present Project Boost a vehicle parts retailer based in Nottinghamshire. The business is well-established and offers its products across the region. The vendor now wishes to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a Leasehold basis.

Please contact us for further information using reference number 51467 or quote Project Boost. Ref: 51467
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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.

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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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