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Business for sale in United Kingdom - Am118-freehold retail and wholesale motor factor and distributor of quality motor parts, spares and components- west wales
| Asking Price: | 315,000 £ |  |
Real Estate: | Ownership |
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| Sales Revenue: | 535,000 £ | ||||||||||
| Net Profit: | 1 £ | ||||||||||
| Year Established: | 1972 | ||||||||||
| Employees: | 1PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business description
this is a long established and well-respected business that has been serving the needs of the motor trade in west wales since 1972. The revenue stream is split 70/30 with seventy percent of its income being generated by the factoring arm and the remaining thirty percent being from the retail sector. The company supplies everything from a spark plug to a complete body shell plus everything in between to a large and loyal database of over one hundred regular motor trade clients, the majority of whom are based within a fifteen-mile radius of the companies high street premises. The business operates daily deliveries of ordered products using three sign written vans that also transport a supply of fast moving consumables. The business maintains its competitive position having joined a large buying group and as a direct result of this the business is able to enjoy excellent discounts and therefore protect its gross margins. The administration is handled by mam software that encompasses a stock control system and produces management accounts. Customer service: the company has a policy of nurturing customer relations. A member of the team contacts trade buyers on a daily basis to take orders and pass on details of special offers related to consumable items. By monitoring the buying patterns of clients the business can quickly tell if they are losing orders and establish the reasons why and in doing this they have been able to maintain their market share against regional competitors. Key strengths: • well established business • trusted • huge range of stock and consumables • financially sound • available freehold
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | One of the directors is the general manager of the business and would be willing to remain with the company if required, subject to negotiation. |
| Reasons for selling: | The owner now wishes to retire following the hand over of this thriving business which is a legacy to his years of dedication. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | yes |
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| Will owner sell real estate?: | yes |
| Included in asking price?: | yes |
| Value: | 0 £ |
| Location: | The business is located in a double fronted high street shop which itself is circa one hundred years old . The front of the premises is given over to a retail outlet while to the rear there is extensive warehousing and storage facilitiesplus the benefit of a delivery area and convenient parking spaces. The stores also house a paint-mixing unit. Upstairs the premises consist of two offices and staff toilets. |
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