Asking price: £55,000

Sales revenue: £719,654

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales have been instructed to offer for sale this extremely well established going concern which has been trading for over 4 decades.

Retirement is the reason for sale of this used car sales showroom.

Our client specialises in second hand family cars.

The business has achieved an excellent reputation with customers returning many years later asking the vendor to source cars for their families and now grown up children.

The business is staffed by the vendor on a full time basis, 1 full time sales person and a part time book keeper.

This is an opportunity to acquire a business with a superb reputation with scope to take sales up to £1 million per annum with more advertising.

The vendor is prepared to conduct a 2 – 3 handover period to ensure a smooth transition over to a new owner.

ref:8119SG

Trading hours: 7Days a Week

Property: Leasehold

Lease terms
TENURE: Leasehold holding over - new lease to be negotiated Rent: £13,500 We are advised that the annual business rates are currently: £5,000

Living accomodation
BUSINESS PREMISES The premises briefly comprise of: Ground Floor - 1 showroom accommodating 8 cars - An office - Kitchen area to the rear - w/c to the rear - Cleaning bay with rear access to 4 private car parking spaces - To the outside and next to the showroom is a pitch for 6 cars - There is also a 8 car pitch across the road which s used for part exchanges and for parking cars.

Location
Our client is situated in a parade which consists of an antiques shop, bed shop, public house, café and many take away’s. A well know busy RAF base is within walking distance and provides our client with a constant stream of trade.

The parade has ample free customer car parking whilst the M1 motorway network is accessed at junction 13.

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