Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Motorhome And Camper Vans Sales Centre
LISTING DETAILS
Firms For Sale ID:
30754
Vendor reference:
AM153
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£595,000
Turnover / revenue:
£6,201,130
Net profit / cashflow:
£72,000
Years established:
35
Trading hours:
Monday Sunday
10:00-16:00 Winter
09:00-18:00 Summer
Number of employees:
3
Employees / staffing:
The vendors have put in place an excellent management team that run the business on a day to day basis. Team includes a sales manager, an after sale manger and an accounts manager. Staff have many years experience within this sector and are a real asset of the business.
OTHER DETAILS
Reason for selling:
This is a genuine retirement sale. The vendor has put the new model in place and believes it is ripe for a new owner with new levels of energy to drive it forward.
Support and training:
The vendor will provide a comprehensive handover to ensure a seamless transition of ownership. However he does not believe this will be a lengthy process as the remaining management team have vast levels of experience within this business sector.
In addition to this the motorhome manufacturer themselves are fully committed to this venture and very keen for this business franchise to continue performing and will work with the new owners to ensure this is the case.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from ideal leasehold premises centrally located within the city centre. Site is very visible with very large frontage, excellent new signage and real kerb appeal. There is ample customer parking. Premises comprise circa 27,000 square feet of indoor showrooms, offices, workshops and parking as well as external car parking area. Current lease is a 8 year one. Current rent is circa GBP 32,460 p.a. Rates are circa GBP 17,413 p.a. All services connected.
As already mentioned the vendor has invested significantly in the site and it has been refurbished at considerable expense to provide the ultimate motorhome visitor centre experience to customers. It also has a very favourable lease.
BUSINESS DESCRIPTION
Motorhome and Camper Vans Sales Centre
New & Used Vehicles Franchise
Ref. AM153
Location : Central England
Asking Price : GBP 595,000
Turner Butler are delighted to offer the market the opportuntiy to aquire a truly unique and forward thinking business within the Motorhome retail sales sector.
Established some 36 years ago, originally as a car franchise dealership, this dynamic business now operates in a niche market retailing and servicing prestigious New and Used Motorhomes and Campervans.
The company already has an established presence within the motorhome marketplace and sells a unique range of one of the most celebrated and longest established manufacturers of UK motorhomes.
This company has built upon its sterling franchise relationship so much so that it has recently invested a significant amount of capital in the total refurbishment of its 27,000 square feet indoor showroom to create an unrivalled stage for it to showcase and sell motor homes and full after sales packages to its customers located throughout the UK. This new exhibition and visitor centre is unrivalled anywhere else in the UK and went live at the start of 2013. The business is now benefiting from this with strong growth year on year.
This investment has the full support of the motorhome manufacturer and this new investment allows the business to stock their complete range of motorhomes and accessories for customer to view, trial and purchase in very impressive surroundings.
Expansion Potential
Whilst this business has been trading for many years the new model has only just been developed and put in place. The new showroom facility only went live in January 2013 so the opportunities for growth are very much there and already starting to bear fruit. The business has put in a level of infrastructure to cater for significant growth moving forward, both in terms of location and resource (including highly experienced staff who are already utilising the new sales tools they now have a their disposal).
The company is selling increasing numbers of motorhomes year on year (both new and used). It is expecting this increase in sales activity to continue and figures are expected to grow over the coming years. The ongoing marketing campaign, which comprises online activity, database development and high profile trade advertisements and show exhibitions from the manufacturer will continue to run to maximise exposure. In effect the Centre is the only one of its type in the UK for 52 weeks of the year.
The motorhome market is a relatively resilient market due to the typical profile of its core customer base and the company is confident that this business will continue to grow moving forward and generate impressive revenues.
Market / Competition / Non-Competition Agreements
The company has historically been active in outdoor sales and events programs over the past 4 years and has attended some 12 motorhome shows nationwide. Historically an average of 25 motorhomes have been transported and displayed at shows at a considerable cost. An average show cost with staffing was circa GBP 10,000. The stock historically was taken from the display stock in the showroom.
However this is no longer the case as the manufacturer is willing to provide Motorhomes on a temporary loan at their expense to supplement the display, which helps maximise new Motorhomes on display at the show and helps to lower the stand costs. This is a key area as 60% of sales and leads have historically come from shows attended over the past 4 years. This allows the company to react quickly and efficiently to hot buyers.
The marketing of the exhibition centre will be assisted in a program of advertisements in the major journal/magazine for motorhomes within UK. Further links and advertisements will be placed throughout the year and dedicated links will be on the manufacturers website. SEO work will continue to develop and assist the marketing plan. The company also has its own TV channel that is ripe for development!