Business for Sale Overview:
Purchased by the current owner in 2002, this business was established in 1930 and situated within 100 yards of two well known and busy tube stations. The store carries an extensive stock holding of all makes of parts and accessories, which makes it a superb choice for all car owners.
It occupies a large and an impressive two shop unit premise, with full glass frontage that is modern, fully fitted and furnished with basement area for storing stock and office facilities and generates high level of custom from both passing trade and repeat business. This is a well established and highly profitable turnkey operation that has been competitively priced for a quick sale. This is due to a considerable business opportunity that has arisen in the Middle East for the current owner.
Apart from providing customers with many products at competitive prices, this business also offers alloy wheels, impressive state of the art in-car entertainment systems and many more. The store also specializes in car seat covers of various varieties, children electric and pedal cars, motorized scooters and body styling kits for all type of cars.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The business occupies a large and an impressive two shop unit premise, with full glass frontage that is modern, fully fitted and furnished with basement area for storing stock and office facilities etc. and situated within 100 yards of two well known and busy tube stations. It is highly visible, has easy access with plenty of local parking.
There is a 15 year renewable lease in operation with 5 yearly rent reviews, expiring in 2014 with a current yearly rental of £35,000.
Market Competition and Expansion:
Currently the company has a website detailing products and services and a history of the business and its successes, which is being updated and there is little doubt that turnover and profits will increase through development of this medium, as it consolidates even further the business’s reputation nationally and opens the business to direct sales.
Having been established nearly 80 years this business does nothing by way of advertising, enjoying high levels of repeat business and the most effective form of marketing, word of mouth recommendation; testimony to the excellent reputation this business has for its unique, high quality service.
Reason for Selling:
This is due to a considerable business opportunity
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.