Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Garage/vehicle Sales And Self Drive Hire Business With Workshop/bodyshop
LISTING DETAILS
Firms For Sale ID:
33798
Vendor reference:
AL231
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£100,000
Turnover / revenue:
£1,700,000
Net profit / cashflow:
Undisclosed
Years established:
35
Trading hours:
7 days per week
Number of employees:
6
Employees / staffing:
The vendor works full time in the business. The following personnel are employed.
1 Workshop Manager
2 Full Time Mechanics
1 Salesman
1 Painter
1 Part Time Book Keeper
OTHER DETAILS
Reason for selling:
Retirement
Support and training:
The current owners would be happy to provide full training and support at handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Garage/Vehicle Sales and Self Drive Hire Business with Workshop/Bodyshop
Ref.AL231
Location North Devon
Asking Price GBP 100,000
This independent family run business trades as a Garage/Vehicle Sales and Self Drive Hire Company and was started some 35 years ago. The hire service brings in circa GBP150k with circa GBP 1.55million in car sales.
The business specialises in commercial vehicles and 4x4s, whilst also carrying popular major manufacturers cars for sale. There is a garage and paint shop facility on site, very suitable for the maintenance work and repairs carried out. An excellent service is provided for all customers whether the job is a simple valeting job or a long-term rental.
The business is ideally located on a major route close to retail and residential areas. This high profile location attracts many regular clients and passing retail trade.
Market / Competition / Non-Competition Agreements
The business undertakes very little in the form of advertising. There is an informative website though the majority of work comes via word of mouth recommendations, repeat business and referrals. The business also enjoys a very high profile location. The business would certainly benefit from having a targeted sale and marketing campaign as well as the development of a customer database to increase overall customer spend.