Gator Business Sales are delighted to be able to offer for sale this outstanding business.
Established and profitably trading since 1990, the business enjoys dual income streams, with car sales being complemented by an MOT, servicing and repair garage.
Operating from ideal premises located on a busy commuter and tourist route which ensures high visibility. Parking, often a challenge for many automotive businesses, is plentiful and the premises themselves are superbly presented and maintained.
Exceptionally well equipped throughout.
Experienced, skilled and long-serving staff to transfer.
Loyal customer base with notable social media reviews – Autotrader 5.0/5.0, Google 4.8/5.0.
Consistently profitable, with a total benefit to the owners in excess of £90,000 per annum.
The business is being sold for the first time, after more than 32 years of continuous trading, to facilitate our clients retirement plans. The vendors are very keen to ensure that the business continues to thrive post sale, and a comprehensive handover program will be provided to the new owner(s).
Please note the vendors have requested that no direct approach should be made to them or the staff of this business, and all requests for information need to be made via Gator Business Sales.
Property Details: Leasehold
Asking Price: £99,950
Annual Turnover: £1,862,742
Trading Hours: Monday-Friday: 9.00am-5.45pm, Saturday: 9.00am-12.30pm, Sunday: closed.
Employees: There are 4 employees to transfer. Both of the owners also work in the business. One works 4 days per week principally concentrating on car sales, the other invests approx. 15 hours per week in financial administration.
Location: Ideally located on a busy commuter B-road on the outskirts of Shaftesbury.
Premises Details: Attractive and well-maintained ground floor premises totaling approx. 350 sq m/3,765 sq ft. Additionally there is a large area directly in front of the premises used as the car sales forecourt, with further parking to the side and rear of the building.
Lease Terms: The landlord is aware that the business is being marketed for sale and, subject to the usual referencing, is proposing to offer a new lease to the purchasers of the business. Incoming rent will be £23,575 per annum, paid quarterly in advance, which is the same as our clients are currently paying.
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