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Successful Highly Rated Used Car Dealership In Hampshire For Sale

Basingstoke, Hampshire, UK
Asking Price:
£185,000 Furniture / Fixtures included
Turnover:
£2,474,000
Net Profit:
£200,300

Fantastic opportunity to buy one of the highest rated car dealerships in Hampshire.

Key highlights:
- Highly profitable
- Unique marketing strategy
- Specialists in finance and car sourcing
- Outstanding 100% 5 star reputation
- RAC Approved Dealership
- Huge potential to grow (currently only 3 staff members)
- Fully FCA regulated and compliant (offering HP & PCP finance)
- LTD company (with only one sole director/shareholder)
- VAT registered

Premises all ready to continue and grow the business
(main office, large forecourt, workshop with 2 ramps, 4 additional offices)

After operating for over 5 years this regrettable sale is due to unforeseen health issues.

Option to purchase current stock for £150,000 (which is cost price) with projected profit of over £50,000.

This business is fully established and ready to make money for the new owner.

The sales figures are based on only one full-time and one part-time sales staff.
With a larger team and further investment the opportunities are endless.

Annual rent is £24,000 (main office & forecourt) plus £22,000 (workshop & 4 additional offices)

Asking Price: £185,000
Turnover: £2,474,000
Net Profit: £200,300

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Leasehold Rent:

£46,000 per annum

Location:

Trading estate.

Business Operation

Expansion Potential:

Invest more capital to buy more stock. Employ a larger team of staff. Offer more products.

Reasons for selling:

Ill health.

Trading hours:

Mon-Sat business working hours

Employees:
3
Years established:
5

Other Information

Support & training:

Support and training is available to new owner.

Furniture / Fixtures value:
£10,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.

Contact Seller

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