Well renowned new and used car sales plus service and mechanical repairs centre
Annual turnover £1,600,000
Excellent industrial estate location
Fantastic opportunity, retirement sale, viewing recommended
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Description This is a great opportunity to purchase a very well established new and used car sales, service and mechanical repairs centre, located in an excellent location within Cambridgeshire.
The business has successfully operated in the area for over 50 years and is therefore highly renowned. The business has earned an excellent reputation for offering top quality car sales, new and used, and aftercare, as well as servicing and citreon car repairs. The business therefore enjoys an extensive and loyal customer base, attracting repeat trade from the immediate vicinity, as well as neighbouring villages and towns.
This is a thriving and lucrative business, which is run by the owner and up to ten members of staff, and is an essential piece within the local community.
The business operates six days of the week and offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic owner, that has the opportunity to extend vehicle numbers and introduce rental and contracts. These enhancements will undoubtedly increase the already impressive weekly sales, whilst also enabling the additional staffing levels to be kept to a minimum, therefore maximizing overall profitability.
This is a first class, high turnover, rare business opportunity with excellent future options. A viewing is highly recommended to avoid disappointment.
Accounts Current records and accounts can be inspected when viewing.
Trading Hours Monday – Friday 08:00 – 18:00
Saturday Car sales 08:00 – 16:00
Staff The business is managed by the owners with 10 full time members of staff.
Building External This is a lock up business that operates from a highly visible, detached property and unit, occupying a prominent trading position.
Building Internal The business includes a waiting area, show room, office and staff kitchen, servicing workshop with seven lifts, repairs centre and compressor. The vehicles for sale are located all around the main workshop.
Residential Accommodation There is no residential accommodation for owners/management available.
Tenure The vendors own the property and will grant a new Fri lease (subject to contract) for a period of 15 years at an initial rent tbc exclusive of rates. Rent reviews are at 5 yearly intervals.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary This is a fantastic opportunity to purchase a highly profitable business with terrific potential for future growth and improvement. Now only been offered to the market due to retirement, a viewing is highly recommended.
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