Summary
- Asking price:
-
£25,000
- Sales revenue:
- £1m < 5m
- Net profit:
- Available on request
- Years established:
- 60 Years
- Employees:
- The business is run by both vendors, with the assistance of 2 full time workshop staff, a part time cleaner and a part time book keeper.
Business description
Advent Business Sales have been instructed to offer for sale this extremely well established going concern which has been trading on the current site for almost 6 decades.
The business is only now being offered to the market as our clients are planning to retire.
The business specialises in second hand family cars to both retail and commercial customers. It also offers finance, car taxing, repairs. Valets and MOT’s.
Our clients have an excellent reputation with many repeat customers on a regular basis.
The vendors currently sublet a workshop for £12,000 PA inclusive of rates,, plus some offices for £4,800PA inclusive of rates.
ref:8456SN
Property information
- Property:
- Leasehold
- Lease terms:
- TENURE: Leasehold
Original lease: 20 years
Remaining lease: 3 years
Review every: 5 years
Rent: £31,500
We are advised that the annual business rates are currently: £17,000
- Location:
- The business occupies a prime location on a very busy roundabout near Swindon in Wiltshire
The business benefits from high levels of passing traffic and with a very visible wide forecourt which is impossible to miss.
The site has room for a customer car park, as well as its own cars and benefits from being only a few miles from the M4 motorway.
Nearby towns include Chippenham, Malmesbury, Marlborough and Swindon.
Other information
- Expansion potential:
- Although already a well established and thriving business, more sales revenue could be generated by offering car hire, tyre & exhaust fitting, caravans and commercial vehicle sales.
There are also some additional number of offices which are available to sublet.
- Trading hours:
- Mon – Fri: 8.30am – 6.00pm, Sat: 9.00am – 5.00pm, Sun: 10.00am – 4.00pm
- Financing available:
- Please let us know if you require finance for the purchase of a business.