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Used Luxury Car Dealership For Sale

UK
Asking Price:
Undisclosed
Turnover:
Over £5M
Net Profit:
Undisclosed

The company offers a broad range of luxury supercars, 4x4s, sports cars and other prestige vehicles, with its stock including brands such as Audi, Bentley, Ferrari, Mercedes-Benz, Porsche and Tesla. Finance options from multiple lenders are provided to realise successful outcomes.

The business offers buying and part-exchange services, which bolster its stock availability and ensure strong rapport with customers. Moreover, the company undertakes end-to-end vehicle sourcing, delivery and warranty solutions, as well as on-site bespoke detailing.

Our clients are now offering the company for sale to realise the assured value of the existing business. The director is looking to remain in an operational role, following the completion of the sale, ultimately presenting a turnkey opportunity for the acquirer.

Key Highlights

- Approved by the AA, Trading Standards and the Financial Conduct Authority.

- Works with private individuals and trade buyers throughout the UK and overseas.

- Several customers are prominent individuals and celebrities, including TV stars, business owners and other high-profile people.

- Operates from ideally located leasehold premises in South East England.

Financial Highlights

- Generated a YE23 turnover of £9.8m.

- Receives repeat custom from approximately 20% of its sales network, which is a strong retention rate for the vehicle sales market.

- Circa 65% of revenue is derived from new customers, demonstrating the ongoing demand for its prestige vehicles and expert customer service.

Property Information

Property:

Leasehold