Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Business For Sale. Highly Profitable Used Car Dealership

LISTING DETAILS
Firms For Sale ID:
26531
Vendor reference:
AM109
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£395,000  
Turnover / revenue:
£1,700,000
Net profit / cashflow:
£151,000
Years established:
20
Number of employees:
8

OTHER DETAILS
Reason for selling:
After a long and successful career the senior partner has decided to take early retirement.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Highly Profitable Used Car Dealership

Ref.AM109
Location Cornwall
Asking Price £ 395,000

This company was established in 1991 and over the years has established itself as one of the leading used car retailers in the region. Over the last eighteen years it has built up an enviable database of customers who not only use the service and MOT facility but also source their vehicles from the business. Because the company has been trading for so long they can boast of supplying several generations of whole families many of who have introduced their friends and associates to the dealership.

The sales operation sells around two hundred and ten used vehicles a year covering all client requirements from £3000 cars to £25,000 luxury vehicles. On average the operation holds around thirty-five well presented cars and stock is sourced from local franchised dealers, on line auction houses and known and trusted traders. The business is an approved buyer for BMW and Audi ex company cars. They are also a buyer of Motability vehicles

Every vehicle is prepared for sale on site by the in house valetor. Any refurbishment or service requirements are catered for in the large and well equipped work shop that also has a small paint shop facility.