Car Sales Business In Northampton Offers Invited For Sale

Business description

Phoenix Business Agents are pleased to place onto the market Auto care, a car sales business which has been established for over 35 years. It has always been a family run concern and our client has owned it since 2003. The concern stocks mid-range motor vehicles with a price range of between £2,000 to £20,000, the most popular range being between £2,000 and £5,000.

The owner runs the business on a full time basis with the aide of part time staff. The concern has enjoyed huge success over the years and has now become a very mature, well run business which has an excellent reputation locally for quality and excellence.

Our client advertises extensively in the Auto Exchange and Auto Trader, having very favourable facilities. Our client’s web site is www.autocarsales.co.uk

There is excellent potential to improve turnover and profits. Our client at present stocks around 30 cars and the volume of stock could easily be increased to 58 vehicles.

The concern has an excellent financial profile with turnover in excess of £300,000 and a gross profit exceeding £140,000.
Our client now wishes to emigrate hence reluctant sale. The owner would be available for a business familiarisation period if required and may be able to stay on as a consultant or an employee if required by the new owner.

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
ORIGINAL LENGTH: 10 years.
REMAINING: 09 years.
RENT: £1,950 per month.

Living accommodation:

PROPERTY DETAILS This very well placed business has a large and spacious concourse which is a concreted area which acts as a showroom. Ground Floor Show Room To the rear Office 15ft x 25ft (approx) 3 Bay Workshop Ramp leading to first floor First Floor Staircase leading to storage area for up to 4 vehicles Toilets External Large display area for up to 58 vehicles in prominent location to the front and sides of the premises

Location:

This business enjoys a fantastic location for this type of concern, being situated in a prime High street location within the town centre of Northampton. The area is the main commercial hub of the town with numerous shops and other household and retail outlets all lying close by. There is a huge foot flow of pedestrians and traffic that pass by the premises. There is also an excellent bus route directly outside the showroom which draws in huge amounts of custom. There is no better location in the town!

The M1 motorway offers good road links.

Other information

Support & training:

Our client now wishes to emigrate hence reluctant sale. The owner would be available for a business familiarisation period if required and may be able to stay on as a consultant or an employee if required by the new owner.

Reasons for selling:

Our client now wishes to emigrate

Trading hours:

Mon – Sat: 09.00am – 6.00pm Sun: 10.00am – 4.00pm

Contact the seller