Web Based Japanese Car Parts Specialist For Sale

Business description

This is an excellent opportunity for an individual, partnership or existing business to acquire the foremost web based supplier of Japanese car tuning parts and accessories.

The business was established in 2002 by an enthusiast who had rebuilt and modified a number of his own vehicles. During the process he had been frustrated by the lack of competitively priced tuning items available through UK based retailers, therefore relationships with overseas suppliers were established to meet his own needs. It quickly became apparent that there was a very real commercial opportunity available. A professional web designer was contracted to build a comprehensive and fully optimized web site which has been key to the growth of the business.

Since its inception the company has enjoyed considerable success, it now carries a range of over six hundred popular tuning parts for the Japanese car market and is always adding to its range of accessories. The business supplies any engine, suspension, exhaust tuning part for competition or enhanced street performance. What it hasn’t got in stock can be swiftly located and imported within two to three working weeks. It has become the UK’s leading web based retailer of these items and supplies a huge range of customers and clubs based all over the UK.

Customer Service:

This operation thrives on customer contact. The main customers are retail buyers in the seventeen to twenty five year old age group. Having visited the web site and taken advice from friends and acquaintances they will contact the business with a list of required items. The owner will always take time to establish exactly what the customer is looking to achieve and the precise make, model and year of manufacture of his or her vehicle. In many instances they are able provide sound advise that prevents the purchase of incorrect or non compatible parts and to guide them to more suitable items that will give the required additional performance. This level of customer care invariably results in happy buyers and excellent levels of referrals and increased sales.

Key Strengths:

Totally relocatable
Could be run from home
Positive cash flow (All payments made with order)
Good range of suppliers
Excellent trading relationships
Good margins.

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. The business enjoys a turnover of around £160,000 with gross profits averaging £59,000. Net profits are circa £38,000. Average stock holding is £40,000.

Property information

Property:

Leasehold

Location:

This business is presently run from a private residence with stock being located in a small lock up facility / garage.

Other information

Expansion potential:

The business presently derives ninety percent of its turnover from sales associated with one marque. While it does supply parts for all Japanese manufacturers this is an area that could be massively enhanced to increase sales. In addition it could also add body kits to its range of stock items.

Competition / Market:

The majority of the marketing is web based but the owner does also advertise the company’s products in three key specialist magazines with national readerships.

Support & training:

The owner is very keen to see the business continue to succeed. As such there will be a full and comprehensive handover for a period to be agreed as part of the overall sales negotiation.