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Car sales dealership

Reference
S11833
Turnover
£2m to £5m
Sector(s)
Retail & wholesale
Region(s)
South East England
Added
25 July 2024

Business description

The business was established in the 2010s, quickly outgrowing its original premises and moving into its current, larger workshop.

The previous owner started the business in the South East of England 60 years ago from humble premises, gaining loyal customers across the area over time.

The company sells used cars and commercial vehicles of all major brands, boasting over 150 vehicles in stock at any given point. 

Their clientele span is both regional and national, maintaining around 1,000 active clients with return business from recommendation.

For the past 10 years under the current management, the business has upheld a first-class reputation in the industry with commitment to excellent customer service.

The company has several distinctive capabilities to stand out from its competitors and attract the prospective purchaser, including:

  • A varied offer of second-hand cars of all makes and types.
  • A specialised team in place and a clear succession. 
  • First-class reputation in the sector and good customer service. 
  • A long history of successful sales.

The business has a number of important assets to offer, namely:

  • Rapidly growing financial profile, with over £4M turnover in 2022.
  • A wealth of knowledge and experience, operating for several years in the sector. 
  • Loyal clientele, maintaining around 1,000 active clients. 
  • Several professional partnerships, including Blue Motor Finance and AutoProtect.

Highlights

  • Excellent reputation.
  • Opportunity to expand.
  • Potential for financial growth.

Opportunities

  • Implementing new services and marketing.
  • Area Expansion – nationally.

Prospective purchasers

  • 100% share capital.
  • Interested parties to sign an NDA.

Reason for sale

Management wishes to retire.

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