FOR SALE
641130
After 39 years of successful operation, a well-established family-run motor trade business is now up for sale. Ideal retirement investment plan four units could be rented out seperately. This lucrative car and motorbike dealership, which includes a workshop for repairs, has garnered a loyal customer base and operates from a busy high street, benefiting from substantial passing trade. The reason for this sale is retirement, presenting an incredible opportunity for new owners to either continue the successful operation or leverage the potential for development by converting the premises into new flats. Planning permission for a modern residential block is already in place, which adds further value to this unique offering. Additionally, a three-bedroom maisonette sits above the business, providing even more possibilities for future growth.
In terms of operations, the business boasts a diverse range of services including car sales, tyre fitting, and comprehensive repair options. An established workshop is equipped for on-site MOT testing, ensuring compliance with regulations and providing an extra revenue stream. The dealership carries a considerable inventory with approximately 40 cars and 30 motorbikes at any given time, Please note the stock is Not included in the asking price offer's over £265,000 Fixtures and fittings already in place.
Engagement & Online Presence
The business maintains a robust online presence with a fully operational website, bolstered by successful social media accounts, particularly on Facebook. There is a significant following online that showcases the established brand and customer connections. Additionally, FCA-compliant finance facilities are available, featuring attractive financing options with low deposit requirements, making it even easier for customers to make a purchase.
Strategic Location & Growth Potential
Located on a bustling high street, the dealership enjoys high visibility and easy access, further enhanced by the absence of competing dealers in town. The nearby amenities, such as shops and restaurants, contribute to the influx of customers, enriching the business's potential. Furthermore, an adjacent property is also available for sale, enhancing the prospects of expansion or diversification of operations. The owner has agreed to include this building in discussions for interested buyers.
The business is structured for growth and is well-supported by an experienced team of three staff members. There is also potential for training opportunities for new owners, ensuring a seamless transition. The comprehensive security systems in place and the extensive forecourt space add to the attractiveness of this venture, making it not only a profitable business but also a secure investment.
In summary, this sale presents a rare opportunity to acquire a reputable car dealership and repair shop with considerable future potential. With an established customer reputation, sound financials, and a prime location, prospective buyers are invited to explore this exceptional business opportunity.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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