Summary
- Asking price:
-
£85,000
- Sales revenue:
- £125,000
- Net profit:
- < £100k
- Years established:
- 36
- Employees:
- 3
Business description
Gearbox (Melton) Ltd is an estabilished retail outlet selling Car & Caravan parts and accessories. The business has been trading for the last 36 years in a market town in Leicestershire. This gives the potential buyer a rare opportunity to move into an established business and trade in profit from day one.IT has a very loyal customer base which is increasing all the time due to expansion of the town. The reason for the sale is due to retirement.
Property information
- Property:
- Leasehold
- Lease terms:
- 3 year lease which ends February 2009 but we have an assurance from the landlord in writing that the lease will be extended at the end of the present term.
- Location:
- It is situated on the main street into the town of Melton Mowbray. Parking is available directly outside the business and also a small car park to the rear.
Other information
- Expansion potential:
- We feel the oppotunities are good for someone with fresh ideas for the market of today.
- Competition / Market:
- We have a small Halfords outlet, which we work along side with.
One other independent which as you can see from the length of time trading poses us no threat.
- Support & training:
- We would be willing to work with any propesctive buyer for a limited period of time.
- Reasons for selling:
- Retirement
- Trading hours:
- 9-5 Monday to Saturday
- Furniture / Fixtures value:
- £6,500
- Inventory / Stock value:
- £73,000
- Website:
-
www.gearboxmeltonltd.co.uk