| | Car Hire Company For Sale | | Seller ref: 8402WF
Advert ID: 522150 | | | Undisclosed, West Yorkshire, United Kingdom | |  |  | | | | Financials | |  | | Asking price: | £80,000 | | Sales revenue: | £131,124 |
| | | | Business description | | We have been instructed to offer for sale this established and popular car hire company with excellent growth potential.
Established over 10 years ago and under its current ownership for 4 years, the business is now reluctantly offered for sale due to the vendor’s retirement plans.
The business offers car hire to both the corporate and private sectors, with approximately 60% of turnover generated from the corporate clients with high levels of repeat business and a strong client base.
The business is currently run with minimal local advertising including yellow pages and operates a fleet of 19 quality vehicles:
• 3 Fiestas
• 2 Peugeot 206 (owned)
• 1 Citroen C1
• 1 Renault Scenic Grande (owned)
• 1 Renault Laguna Estate (owned)
• 1 Renault Megane Estate
• 2 Citroen C4 Saloon
• 3 Renault Megane Saloon
• 2 Renault scenic Saloons
• 2 Honda Civics
• 1 Renault Clio
The current fleet of vehicles is continually running at 95-98% utilisation offering potential for growth for a new owner wishing to expand the fleet. There is also potential for even further growth from increased marketing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). |
| | | General information | | | Years established: | 10 Years | | Employees: | Currently staffed by a owner plus a family member, | | Trading hours: | Mon-Fri: 8.30am - 5.30pm, Sat: 9.00am – 1.00pm |
| | | Property | | | Leasehold | | Lease terms: TENURE: Leasehold
Original Term: 5 years
Term Remaining: 1.5 years
Rent reviews every; 1 years
Rent: £11,016 incl VAT
We are advised that the annual business rates are currently: £1,500 per annum |
| | | Living accomodation | | | BUSINESS PREMISES
A single storey lock up premises with the added security of roller shutters, window security grills and alarm and consisting of the following;
Ground Floor
- 3000 sq ft consisting mainly of open area with roller shutter access to front and rear enabling roll in/roll out of Vehicle plus separate entrance door,
- Office, W/C X 2 and store room.
External
- Paved to front and side of premises
- Enclosed yard to rear with additional parking. |
| | | Location | | The business occupies a single storey lock up industrial unit of 3000 sq ft within a light industrial estate.
Our client is located on a main road within a densely populated West Yorkshire town, & benefits from high levels of passing traffic, plus excellent transport links including access to the M1 & M62 motorways.
There are excellent parking facilities with free parking to the front and side of the unit and surrounding. |
| | | Financing available | | | Please let us know if you require finance for the purchase of a business. |
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