Summary
- Asking price:
-
£149,950
- Sales revenue:
- £1m < 5m
- Net profit:
- < £100k
- Years established:
- 28
- Employees:
- 3
Business description
A FAMILY OWNED BUSINESS established in 1980 for sale due to retirement. Business in PRIME LOCATION extremely close to two major motorways and on a very busy A road and near to local town.
Showroom, 2 forecourts (approx 75+ vehicles)TW0 flats,2workshops + valeting Unit.
Property information
- Property:
- Leasehold
- Lease terms:
- 10 YEAR LEASE WITH 3 YEARS REMAINING BUT RENEWABLE. THIS IS THE 3RD 10 YEAR LEASE
- Living accommodation:
- TWO FLATS, ONE TWO BEDROOM AND A ONE BEDROOM FLATE LOCATED OVER SHOWROOM
- Location:
- LOCATED ON AN EXTREMELY BUSY ROAD WITH TWO MAJOR MOTORWAYS WITHIN 3 MILES
Other information
- Expansion potential:
- POTENTIAL FOR EXPANSION OF BOTH NUMBERS OF VEHICLES FOR SALE AND
POTENTIAL TO BUILD UP ALL TYPES OF SERVICING.
- Competition / Market:
- NO THREATS PRECEIVED. STRONG TRADING TREND RECOGNISED THROUGHOUT THE AREA
- Reasons for selling:
- RETIREMENT OF THE FOUNDER OF THE BUSINESS
- Trading hours:
- 9AM - 6PM
- Furniture / Fixtures value:
- £5,000