Popular Independent Used Car Dealership in Buckinghamshire

High Wycombe, Buckinghamshire
REF: S07460

Asking Price:
£99,999
Annual Turnover:
£1,229,523
Annual Net Profit:
TBC
Featured
REF: S07460

Overview

Tenure:
Leasehold
Established:
2009
  • Strong client base
  • Great website
  • Long opening hours
  • Central location
  • Brilliant online presence

Now available to the market is this independent used car dealership based in Buckinghamshire.

Since 2009, the business has been providing a wide array of high quality vehicles, ranging from family camper vans to your everyday city car, the dealership has gained a fantastic reputation not only amongst drivers in the immediate area, but also from those further afield.

Only up for sale due to the current owner’s other business interests, a new owner is retired to continue running operations effectively and maintain its excellent reputation.

Offering a huge range of vehicles of all makes and models, the business attracts customers from far and wide, recognised for its reasonable prices and friendly, honest customer service. Each member of the team is highly experienced and takes time to understand customers’ specific vehicle needs.

The business has lengthy opening hours between the hours of 10am-8pm throughout the week and collections are on an appointment only basis. Viewings are also appointment based, allowing the business to run more efficiently as owners need not sit around and wait for customers.

Operations run from a large outdoor space manned by two shipping containers converted into two offices. The storage yard accommodates space for 35 vehicles, with a double vehicle workshop.

The business benefits from £250,000 of stocking finance and has a Customer Credit Licence (CCL) which is regulated by the FCA, enabling it to broker finance for its customers.

This is a fantastic opportunity to acquire an established and successful vehicle dealership which has an unmatched reputation for used cars, strong financial figures and an easily accessible location.

Ideal for a current car dealership owner, preferably a used car dealership, or someone looking for a manageable lifestyle business, a new owner could take steps to grow the business further.

Hiring more staff would allow for multiple customers to be assisted at once. Potentially moving into a larger premises would also allow for more vehicles to be contained. Leaflet drops in the area would also raise awareness of the business and encourage more potential customers to visit.

The current owner would be happy to carry out a transitional period to hand the business over smoothly to a new proprietor.

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  • Easily accessible by car
  • Easily relocatable, if required
  • Double workshop with space up to 40 cars
  • Competitively priced cars
Rent
£18,000
Rates
£0
Lease Term
to be negotiated
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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