for Sale in Northampton

Northampton, Northamptonshire
REF: INT1930

Asking Price:
£180,000
Annual Turnover:
£293,000
Annual Net Profit:
£56,919
REF: INT1930
Photo of for Sale in Northampton
Photo of for Sale in Northampton
Photo of for Sale in Northampton
Photo of for Sale in Northampton

Overview

Tenure:
Leasehold
Established:
1957
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Equipment Included
  • Spacious Premises

This is a fantastic opportunity to acquire a well-established car and motor accessories business in Northampton.

This business was first established in 1957 and quickly became ‘the place’ to buy car parts and car service items. This business has experienced significant growth since its creation, whilst gaining an excellent reputation, thanks to its friendly and professional team.

The well-established and reputable car and motor business provides a variety of services and parts for every make and model of motor vehicles across Northampton. From coil springs to clutches, brake discs, pads, and cambelt kits, they deliver porducts to local garages and service centres in the area, as well as offering customers the option to shop through their online store.

The company’s knowledgeable team has helped to develop the reputable business, now with more than 60 years of history and experience. Since opening, the business has gained a very loyal customer base, receiving a lot of repeat trade.

This well-established business would be an ideal opportunity for someone with an interest in cars, who is looking to acquire a long-standing business.

This business currently operates close to Northampton city centre, near to surrounding businesses. Occupying well-equipped and spacious premises, the business can stock an extensive range of products, including Catalytic Convertors and a wide choice of engine management parts. Located in a residential area, the new owner can expect plenty of footfall, ensuring the owner a wealth of trade.

As the business comes well equipped, it should ensure the new owner can begin work immediately, following the acquisition.

The current owner is happy to offer an initial transitional period, to ensure a smooth and efficient business handover.

This would be a great opportunity for a mechanic or someone with experience and knowledge in the car and motor sector. It would be perfect for anyone, who is wanting to purchase a long-established and highly reputable car and motor business.

There is huge potential for growth with this business, as there is a massive opportunity to build on the company’s long-standing and excellent reputation.

Furthermore, there is also incredible scope to further develop the e-commerce side of the business.

The business has a great, easy-to-use website, but it may be beneficial to grow the company’s online presence, by posting more regularly on their Facebook page.

Features

Online Presence

Website: www.parrsmotorspares.co.uk/

Location

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  • Residential Location
  • City Centre Location
  • Close to Local Businesses
  • On-Site Car Parking
  • Limited Competition

Property

Annual Rent
£24,000
Annual Rates
TBC
Lease Term (Years)
30
Lease Expiry (Year)
2037
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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