Freehold Supplier of Used Spares For Sale

Business description

Freehold Supplier of Used Spares for a famous British Car Marque

Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

This opportunity will appeal to all entrepreneur/investors with an interest in the automotive industry and great ratios of profit.

In simple terms, this family run business dismantles cars of this particular marque and sells whatever salvageable parts, and parts suitable for recycling via an attractive and well known Internet website, to a customer base that is literally worldwide.

The business buys cars that are older, but may be suitable for elements of salvage/recycling. It also buys (and is licensed to do so) Category B damaged vehicles at auction. Category B damaged vehicles are insurance company written off vehicles which have potential for elements of salvage or recycling, but must never be rebuilt to return to road usage. To comply with Environmental Agency issues, the vehicle must be dismantled in a controlled manner, whilst evacuating all non-environmentally friendly liquids and products. This company is fully Environment Agency compliant.

For the company to be fully compliant for this type of business, the company must also be licensed to carry waste goods. A license which is also held.

The company operates from a freehold site which has a yard/ workshops/ storage and a 3 bedroom house on site. The site also has planning permission for the construction of two blocks of “starter home” type flats. The freehold site is included in the sale of the business and was valued recently at £220,000.

The business could easily be relocated and would therefore release the freehold value. Businesses in this sector are also well known for providing good direct ownership benefits.

Equipment:

The company owns and maintains an inventory of machinery and equipment used in the daily operation of the business. This inventory is expected to be included in a successful sales package.

Customer Service:

Apart from casual daily visitors to the company’s premises, business transactions are conducted via the Internet. However, the company has built a solid track record of reliable supply to its large worldwide customer base.


Key Strengths:

The key strength of this business must surely be its cost effectiveness and profitability. By selling used spares to the fraternity of worldwide owners at a fraction of factory original replacement parts, the business would seem to be well set to grow further in the future from the solid platform already created by the current owner.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Property information

Property:

Freehold

Location:

The business operates from its freehold premises previously mentioned, which are connected to all main utilities.

Other information

Competition / Market:

Advertising and marketing are handled solely by the company’s attractive and easy to navigate Internet website. The website also enjoys extremely good search engine rankings.

Support & training:

Full support and any necessary training will be provided during handover as part of a successful sale package.

Reasons for selling:

The owner now wishes to enjoy the family’s second home in Europe along with further development of their other Internet based businesses run in conjunction with his son.

Trading hours:

Monday – Friday: 9.00am – 5.00pm

Internet: 24/7/365