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Leasehold Used Car Sales and Finance Business for Sale in Nottingham

Nottingham, Nottinghamshire
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Leasehold Used Car Sales & Finance Business for Sale in Nottingham Photo 1
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Leasehold Used Car Sales & Finance Business for Sale in NottinghamLeasehold Used Car Sales & Finance Business for Sale in NottinghamLeasehold Used Car Sales & Finance Business for Sale in NottinghamLeasehold Used Car Sales & Finance Business for Sale in NottinghamLeasehold Used Car Sales & Finance Business for Sale in NottinghamLeasehold Used Car Sales & Finance Business for Sale in Nottingham
  • Leasehold: £29,995
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Leasehold Used Car Sales & Finance Business for Sale in Nottingham

Leasehold Used Car Sales & Finance Business for Sale in Nottingham

Established Independent Used Car Sales
Business Trading Since 2015
Finance Facilities & FCA Authorised
Strong Online Presence
Fully Relocatable

Ref 3255

Asking Price £29,995 plus SAV

Location
Situated on Glaisdale Drive in Nottingham, this established used car sales business benefits from strong roadside signage and easy access from a busy main road, whilst being positioned within a well-established trading estate environment. The area is home to a mix of commercial occupiers and industrial businesses, generating regular passing traffic and customer enquiries. There is ample customer parking available nearby. Nottingham is well connected, with convenient access to the A610, M1 motorway and Nottingham city centre, supported by a strong surrounding residential and commercial catchment.

Business Description
Veritas Business Sales are delighted to offer to the market Motor-Canics Motors, an established independent used car sales business located in Nottingham. Trading since 2015, the business is now being offered for sale due to retirement, presenting an excellent opportunity to acquire a recognised local trading name with strong online presence and further growth potential.
Operating from a secure and easily accessible site on Glaisdale Drive, the business benefits from strong roadside signage, repeat local custom and consistent online enquiries. Motor-Canics Motors specialises in the sale of quality used vehicles across a range of price points and has built a solid reputation for affordable vehicles, straightforward customer service and strong warranty packages.
The business is FCA authorised and offers customer finance facilities (subject to status), creating additional revenue opportunities whilst increasing customer accessibility and sales conversion. The site also benefits from being positioned within an established commercial trading environment with nearby MOT, servicing and repair facilities.
Currently operated with low overheads, the business offers excellent scope for growth through increasing stock levels, strengthening social media marketing and expanding online advertising. The vehicle stock is available by separate negotiation should an incoming purchaser wish to continue trading immediately with stock in place.
Motor-Canics Motors benefits from an established digital presence, recognised branding and repeat customer base, meaning the business could either continue operating from the existing site or be successfully relocated to alternative premises should a purchaser wish to integrate it within an existing operation. The current site can be leased subject to landlord approval.
Considering the established trading history, recognised brand presence and low overhead operating model, the business represents excellent value for an incoming purchaser. This is a genuine turnkey opportunity ideally suited to an owner operator or existing motor trader looking to expand through an established and well-regarded trading name. Early viewing is highly recommended.

Opening Times
Monday – Friday - 09:00 – 16:00
Saturday – 09:00 – 13:00

Leasehold
New Lease & Terms agreed with the Landlord

Office / Portacabin
Main sales office comprising portacabin office with customer seating area, glass top office desk, office chairs, shelving and storage units, whiteboard/planning board, printer/scanner, office stationery and filing systems, AA warranty and finance promotional signage, wall mounted displays, lighting, portable heater, Ring security system, artificial plant décor and associated office equipment.

External
New storage shed, space for up to 22 vehicles
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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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