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Vintage Style Wedding Car Hire - Manchester For Sale

Ashton-Under-Lyne, Greater Manchester, UK
Asking Price:
£109,995
Turnover:
£22,644
Net Profit:
Available on request

Relocatable Opportunity
Accounts Available Year End 31st March 2019
Annual Turnover £22,644
Gross Profit £12,504
Accounts Available After Viewing
Established 2010
Four Vehicles Included
Comprehensive Website
Strong Customer Base
Excellent Reputation
Superb Online Reviews
Scope To Expand Trading Area

REF 7174 – Relocatable Vintage Wedding Car Hire Business

Blacks Brokers are pleased to bring to the market this relocatable vintage wedding car hire business currently located in Ashton-Under-Lyne, Greater Manchester.

INTRODUCTION

inStyle Wedding Cars was established by our client in this densely populated area of Manchester in 2010. The business offers a range of vintage wedding cars and chauffeur service. It has become very well known within this business sector with much trade generated by word of mouth and reputation. Our client has ensured the business has superb reviews are noted online. inStyle Wedding Cars has a comprehensive website in place.

LOCATION

inStyle Wedding Cars is managed from our client’s home where the four included cars are stored on a full time basis. The business operates across Greater Manchester, Liverpool and North Wales. A new owner may wish to extend the operating area further.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

BUSINESS INFORMATION

Our client attends wedding fairs and other promotional events, with much work generated by word of mouth and website traffic. There are currently 50 pre-booked weddings in place at the moment (correct as of April 2020) with an outstanding balance of £15,000.

STAFF

The business operates with four members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

inStyle Wedding Cars has traded solidly since opening and our client has established a strong repeat customer base.
Accounts for year ending 31st March 2019 show annual turnover of £22,644 and gross profit of £12,504.
Full financial information is available upon request.

SUMMARY

This reliable and well established business has a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new cars, a larger group of staff and new services such as prom and other event chauffeuring. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

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