Financial Details
Asking price: £315,000
Sales revenue: £430,674
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
HISTORY

The vendor has been in ownership for the last twenty four years and is extremely well known and respected business throughout the surrounding area.

REASON FOR SALE

Vendor’s retirement intentions.

PRODUCTS

The business specialises in the sale of automotive parts & spares for all makes & models to the trade and the public. The business has a fully networked computer system and uses ‘Activant’ and ‘Techdoc’ software. There is also an Astra 03 plate and a Corsa 02 plate van which is used for the deliveries.

SERVICES

The business also offers a delivery service to garages in the surrounding area.

CUSTOMERS

The majority of customers are from the immediate and surrounding areas.

SUPPLIERS

We are informed that the business has around thirty plus suppliers who all deliver direct to the business premises. The business also greatly benefits from being in a buying group and is a UAN member.

STRENGTHS

• Highly profitable
• Excellent location
• UAN buying group accounts
• Security
• Strong margins and sales
• Extremely well established & respected
• Superb trading premises
• Little competition in the surrounding area
• Three to four Garages located on the industrial estate
• Superb freehold or leasehold investment

The Business is available either freehold for £ 315,000 or leasehold for £179,000 with terms to be negotiated.






DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
General Information
Employees:The business is staffed by four full timers. The owner also works full time
Trading hours:Mon to Fri: 9am to 5.30pm Sat: 9am to 1pm
Property:Freehold
Lease terms:Freehold or Leasehold Terms to be negotiated. Rent: £10,000 pa Rates: £114 pm
Location:A superb extremely profitable and established business located approximately eight miles from Nottingham city centre and situated in a busy industrial estate with many complimentary businesses close by. The business benefits from excellent access to the main road networks
Premises Details:A purpose built unit complete with mezzanine in warehouse, office, reception and parking, well fitted and briefly comprising:
• Ground floor warehouse approx 1,200sqft
• Mezzanine approx 1,000sqft
• Office area 196sqft
• Reception area 266sqft
• External parking for up to five vehicles on site and full on road parking
• Full Red Care system
• Full CCTV
Expansion potential:• Working couple or partnership can increase profits immediately • Sunday opening • Introduce a website • Expand and develop internet sales
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