Quality Second-Hand Car Dealership in Cheshire

Chester, Cheshire
REF: R08213

Asking Price:
£220,000
Annual Turnover:
£1,000,000
Annual Net Profit:
£200,000
REF: R08213
Photo of Quality Second-Hand Car Dealership in Cheshire
Photo of Quality Second-Hand Car Dealership in Cheshire
Photo of Quality Second-Hand Car Dealership in Cheshire
Photo of Quality Second-Hand Car Dealership in Cheshire

Overview

Tenure:
Leasehold
Established:
2012
  • Excellent reputation
  • Loyal customer base
  • Huge potential for growth
  • Spacious premises
  • Wide variety of products & services

This is a unique opportunity to acquire a second-hand car dealership, which sells quality used cars and is based in the North Wales and Cheshire area. The business was first established in 2012 and has grown steadily ever since its creation, whilst also gaining an excellent reputation and a loyal customer base in the sector.

This independent company is proud to offer a first-class customer service and extremely competitive pricing. They stock a range of used cars to suit all budgets and lifestyles, so they will have the perfect car for all their clients. Their wide choice of quality vehicles includes hatchbacks, estates, 4x4’s, convertibles, coupes, saloons, and imports. They order a variety of vehicles and update their stockists regularly. They have recently branched out into selling used motorbikes and motorhomes, which has proved a very profitable expansion.

Prior to delivery every car is thoroughly inspected, serviced and MOT’d, impeccably prepared, and comes complete with a comprehensive warranty. It is this attention to detail, that has led to a high percentage of the company’s sales coming from repeat customers and recommendations. The company has retained fantastic brand loyalty, in a time where this has largely disappeared.

Many orders are often completed without buyers seeing the vehicles, due to the company’s brilliant online advertising and easy-to-use website. The company will then deliver vehicles to purchasers all across the UK and occasionally into Europe. This highlights the company’s brilliant reputation and demonstrates that location is not a key influence for customers.

The business makes an average of £3,500 worth of profit on each individual vehicle sold. The number of cars sold weekly can vary greatly and differs from 2 to 8, dependent on the specific week. Evidently, this business is extremely profitable and there is huge scope to continue growing the company and to increase profit margins.

The business has recently relocated to premises in a Cheshire village, which has on-site car parking and proximity to other local businesses. The premises are just under 5,000 sq ft and have been converted to an incredibly smart showroom, with space for 18 cars. There is room for a further 10 cars outside and space for an extra 6 in the alley behind the building, as well as an office, toilet, and kitchen inside the property. The leasehold is £33,000 per year and has an ideal location on a central trading estate within Chester’s busy industrial quarter.

The office equipment, website, social media channels, and client database will be included in the business sale, ensuring the new owner can get to work straight away.

The current owners are happy to provide a business handover, in order to ensure an efficient and smooth transition.

The business has recently relocated to premises in a Cheshire village, which has on-site car parking and proximity to other local businesses. The premises are just under 5,000 sq ft and have been converted to an incredibly smart showroom, with space for 18 cars. There is room for a further 10 cars outside and space for an extra 6 in the alley behind the building, as well as an office, toilet, and kitchen inside the property. The leasehold is £33,000 per year and has an ideal location on a central trading estate within Chester’s busy industrial quarter.

The office equipment, website, social media channels, and client database will be included in the business sale, ensuring the new owner can get to work straight away.

The current owners are happy to provide a business handover, in order to ensure an efficient and smooth transition.

Location

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  • On-site car parking
  • Residential area
  • Close to local businesses

Property

Annual Rent
£33,000
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Years)
TBC
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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