Relocatable Car & Van Hire Business For Sale

Business description

Advent Business Sales are pleased to have been instructed to offer to the market ‘Duncan Self Drive’ – an extremely well established and popular car and van hire business.

Established over 27 years ago by the current owners, the business is now being offered for sale as the current site has been sold for residential development and our client wishes to retire.

The business offers an excellent range of cars, people carriers, transits and Luton tail lifts all at competitive prices.

The business is run with minimal local advertising but still achieves high levels of repeat business from a strong client base.

The business operates a fleet of 25 quality vehicles which include:
• 1 x Nissan Micra 1.3I
• 4 x Ford Fiesta 1.2I with air conditioning
• 1 x Renault Espace 2.0 auto 7 seater with air conditioning
• 1 x Vauxhall Zafira 2.0 TD with air conditioning
• 1 x Citroen Berlingo 1.9 t/diesel
• 2 x transit connect 1.8 t/diesel
• 1 x Vauxhall Combo
• 3 x transit diesel 260
• 4 x transit diesel 280
• 1 x Mercedes sprinter 2.3 diesel with LWB
• 4 x transit 350 Luton Box diesel with tail lift
• 2 x transit 350 Luton Box diesel with tail lift extended

All the above vehicles are owned with the exception of the 4 x ford fiestas, which are leased.

A new purchaser can have the option of continuing the lease or the cars can be handed back.

The business has an excellent web site which appears on the first page of Google for van hire enquiries and brings in a


considerable number of bookings. In addition, they have a very memorable phone number, both items are included within the asking price.

The business would be an excellent ‘bolt on’ for a local garage who could save costs by carrying out the servicing and repairs of vehicles themselves. If there were able to utilise their own site additional profits of circa £21,000 per annum would be made with savings on rent and rates costs.

The business can be run by one full time member of staff who achieves sales of approx £214,000 per annum and profits of almost £62,000 per annum.
REF: 9168SN
FINANCIAL INFORMATION:
We have been advised by the vendor of the following:

A/T: £241,200
Gross Profit: £125,900
Net Profit: £62,000

Accounts will be made available to interested parties after a viewing has taken place.

Please let us know if you require finance for the purchase of a business.

TENURE: Relocatable within area

Property information

Location:

The business is located just off the A419 near Stratton St. Margaret’s in Swindon, Wiltshire. The site however, is due to be redeveloped for residential housing sometime in the future, so the business needs to be re-located locally in the Swindon area from where most of its customers come.

Other information

Trading hours:

Mon-Fri: 8.00am – 5.30pm
Sat: 8am – 2.30pm

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