40-Year Automotive Parts Retailer in Loddon, Norfolk with Loyal Trade and Consumer Customers
Loddon, NorfolkEst. 40 years
- Status
FOR SALE
- Advert ID
658916
- Reference
INT3857 / Rightbiz
- Call Agent:
- Leasehold: £25,000
- Turnover: £100,000 (£1,923 per week)
- Profit: £10,000
Business Details
40 Year Automotive Parts Retailer with Loyal Trade & Consumer Customer Base
A proven automotive parts retailer supplying car spares, replacement parts and accessories to both private motorists and trade customers.
The offering includes automotive components alongside fitting of smaller replacement items such as bulbs, wipers and fuses, supported by strong supplier relationships that enable parts to be sourced quickly and competitively. Customers include local motorists, independent and mobile mechanics, with a substantial proportion of repeat trade built over many years.
Business Highlights
• Trading under current ownership for approximately 40 years
• Highly loyal consumer and trade customer base
• Monthly account relationships with local mechanics
• Strong supplier links supporting fast and competitively priced parts sourcing
• Free fitting offered for selected smaller replacement parts
• Relationships with local mechanics and roadside-assistance patrols
• Limited direct specialist competition nearby
• Consistently positive customer feedback and five-star Google reviews
• Strong word-of-mouth reputation within the community
• Seasonal demand from batteries, wipers, de-icer and travel accessories
• Previous online sales of selected classic automotive parts
• Considerable scope to restore activity
This represents an attractive acquisition opportunity for an automotive-sector buyer or hands-on owner seeking a proven retail operation with decades of goodwill, recurring trade custom and clear potential to rebuild turnover through modern marketing, delivery and online sales.
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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.
Be safe, use a Rightbiz Solicitor
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