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Used car sales and parts business for sale in Wolverhampton with 15 years of experience

Wolverhampton, West Midlands
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  • Status

    FOR SALE

  • Advert ID

    641903

  • Leasehold: £25,000
  • Rent: £12,000 (£1,000 per month)
  • Turnover: £75,000 (£1,442 per week)
  • Profit: £3,000 (4% Profit margin)

Business Details

Used car sales and parts import and export 15 years experience

With 15 years of experience in the used car sales and parts import-export industry, our business in Wolverhampton, West Midlands, stands out for its unique operations that span four countries. We take pride in offering a diverse inventory of used vehicles and automotive parts, catering to a variety of customer needs while leveraging our extensive expertise in this profitable market.

Our well-structured warehouse provides ample storage space, efficiently housing both vehicles and parts. The facilities are equipped with essential tools, including engines and other automotive equipment, which enhances our operational capabilities. Notably, there is significant potential for expansion, allowing us to increase our inventory with additional parts and vehicles. Strategically located, our business offers ease of access for both customers and suppliers alike.

Key Business Insights

Having been established for 15 years under my ownership, our business enjoys a unique position in the local market with zero competition in the vicinity. Although there are no nearby amenities like shops or restaurants that draw a crowd, we have cultivated a dedicated customer base primarily through our reliable services. The business includes fixtures and fittings in the sale price, adding value to the investment. Over the years, we have seen a consistent increase in turnover, which currently stands at £75,000 annually, alongside an annual rent of £12,000 for the leasehold, priced at £25,000.

Future Potential and Training Opportunities

As we consider the future, I must mention my decision to sell is influenced by my successful branches in Dubai and Romania, which demand my attention and resources. Presently, our team comprises myself and one employee, although I am open to providing training to the new owners, fostering a potential partnership to ensure continued success and growth in the business. Currently, we do not have an online presence; however, we have maintained a robust customer base without it, exhibiting the strength of our business model.

In summary, this opportunity presents an ideal investment in a well-established and profitable business, poised for further growth within a niche market. With the right vision and commitment, the new owners can take advantage of the existing framework and expand on the successes we've built over the past 15 years.

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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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