Retail

Automobile & Motorcycle Dealers

This business was established 3 years ago by the Vendor who has over 35 years experience within the motor trade. Within this relatively small period of time the business has grown to become a significant dealer within the region with a reputation for the quality of its cars, after sales care and finance available. The business operates from a high profile location within an area of Manchester that has enjoyed a huge amount of regeneration and redevelopment of the last few years. This has only enhanced the positioning of the business which boasts superb facilities and highly visible forecourt frontage. The site is a real asset of this business and may even be a target for potential development in the future such is its prime location on a busy thoroughfare within a major regeneration area of the city. Many current customers have been loyal to the business since the beginning and this has been due in no small part to the business’s competitive prices, quality products, service and attention to detail. A key component to this business’s success to date has been customer service which is focused to a great extent on after sales, the place where the reputation of the business can be made or lost. Understanding this has meant that the business has prioritised this area and is able to provide customers with piece of mind nor to mention finance and other such added value services. The site itself comprises some 12000 square feet. There is good access and the forecourt is viewer friendly. The site has good signage, is flood lit and highly visible from the road. The vendor has invested heavily in the site over recent years with new perimeter walls, gates and fencing, newly laid concrete floors, floodlights, CCTV, pristine offices, 2 bay workshop and accommodation block. Customer Service: The business considers that happy customers come back and on that simple basis has maintained levels of product and service quality intended to best guarantee that happiness. Key Strengths: • Long leasehold premises that represent an excellent investment opportunity • High Profile Location • Reputation • Market Presence • Customer Base • Infrastructure (fully equipped workshop and offices) • Levels of customer service Growth and Expansion: The current business has enjoyed good levels of business to date. There are many areas for expansion not least better utilisation of the workshop facilities the business has at its disposal. The workshops are currently used for servicing and maintaining the current stock. There is no reason why a new owner could not develop this side further and offer servicing/tyre fitting/ MOT, alloy wheel refurbishment etc to clients, both existing and new in both the trade and retail market. Increased opening hours should also be considered as the business is currently closed on Sundays through choice. Key Opportunities: This is an outstanding opportunity to build on the existing business levels and customer base of this company, backed by a strong reputation. With a strong demand for this business’s cars, combined with a capacity to increase the range of both cars and services on offer and turnover, a new owner contributing fresh ideas and enthusiasm could certainly take this business forward. Further development of the website and a presence on E-Bay would also help future sales. The building also has a first floor one-bedroom apartment that ifs fully equipped with brand new kitchen, bathrooms and is finished to a high specification. This could easily be rented out and provide additional revenues should a new owner so require. The current owner does not currently utilise this opportunity through choice.

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