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Established Van Sales Dealership In West Midlands For Sale

Wolverhampton, West Midlands
Freehold Price:
£650,000 Furniture / Fixtures included
Lease Asking Price:
£300,000 Furniture / Fixtures included
Sales Revenue:
£5,700,000
Cash Flow:
Available on request

£650K for freehold, Option of leasehold only purchase £300k with rent of £24K p.a also available.

Business established over 8 years, with an enviable reputation, both locally and nationwide as a trusted and knowledgeable business within the well-known and hugely popular LCV market that it specializes in, supplying to self employed and business users, Vans LCV's Tippers Dropsides Pick up trucks and Lutons up to 3.5t.

Genuine sale, business owner is now looking towards her very well-earned retirement.

The business is renowned for the quality of its vehicles, competitively priced stock with excellent after sales care, It has grown to become one of the UKs largest independent specialist used LCV dealers.

Operating from an excellently located freehold location, with easy motorway network access, a highly visible fenced enclosed forecourt, situated on a tidy industrial estate.

The midlands area location of this business is ideal for nationwide catchment.

Mostly supplying to business customers, many of whom buy more than one vehicle, customer base includes fleet buyers from all over the UK, with a great return rate from existing customers who have been loyal to the business since its inception.

The business also receives revenue from the following,

Van accessories, Servicing, MOTs, Ply-lining, Sign writing, tow bars, beacons, security products, trackers, and conversions many of these extras are currently contracted out.

FCA registered, with a good income from finance company partners.

The business is entirely run and managed by only six staff, four full time and two part time, with excellent control procedures in place.

The physical site business also has an expansive and excellent internet presence with a professionally managed and interactive website, their current used vehicle stock can be found virtually anywhere on the internet.

The site itself consists of a modern end of line industrial unit complete with a fully equipped vehicle wash and prep area, offices and reception area, the workshop can accommodate around 25 vehicles indoors along with 50 vehicles outside in attached fully enclosed hard standing yard, with extra offsite storage facility for 20-25 vehicles.

All workshop and office equipment is to be included within the sale price.

Vehicle stock is optional, the usual used vehicle holding stock is circa £600,000 or you can simply re-locate with your own stock and the business will dispose of vehicles accordingly.


Financial Information:

Ltd company.

The business is being offered for sale as a going concern, all financial discussions will take place directly between the owner and all interested parties.

Price of £650K shown is for freehold, leasehold only purchase of £300k with rent of £24K p.a also available. both plus stock at valuation of around £700k if required.

The owner has put all the foundations in place for future success. No further investment in the premises would be required for a new owner to continue trading for a considerable amount of time.

Turnover for last financial year circa £5,600,000 p.a.

This established business could certainly increase revenues.

Direct contact with owner by completing the from on this page for more information.

Property Information

Property:

Available as freehold and leasehold

Location:

Modern tidy trading estate, in great location close to main motorway networks, centrally located.

Premises Details:

End of line industrial unit with workshop, vehicle prep and wash area, storage mezzanine floor, offices reception toilets, outdoor fully enclosed and gated hard standing sales area, Alarmed and CCTV.

Business Operation

Expansion Potential:

The dealership enjoys consistent levels of business from both new and existing customers, there are also a great number of areas that this existing business would easily allow for expansion with real potential to increase profits, current trading hours could also be extended,
The owner would welcome the opportunity to discuss these direct with a potential purchaser.

Competition / Market:

The business specializes in LCV's this sector of the motor trade has far fewer dealers than car sales sites, ideal business for a car dealer to expand into an established commercial dealership with over £5m turnover and increasing every year, competition is limited.

Reasons for selling:

Retirement

Trading hours:

Monday - Friday 9-5

Employees:
6
Years established:
8

Other Information

Support & training:

Upon request from owner

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

by negotiation direct with owner.

Furniture / Fixtures value:
£15,000 - included in the asking price
Leasehold asking price:
£300,000 - Furniture / Fixtures included

Contact Information

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