Intelligent Business Transfer are delighted to be able to offer potential buyers this profitable retailer of vehicle spare parts, preferred by many of northern Cornwall’s residents.
Celebrating its silver anniversary with the remarkable achievement of firmly consistent turnover of roughly £200,000 a year, and gross margin just shy of 50%. Possibly more noteworthy is the business’ tremendous reputation in the region. In fact, it has gained its large base of customers, including some tradesman, car enthusiasts and, mostly, local residents, nearly 100% by word of mouth, helped a bit by a static web-site.
Such a strong base of operations provides a ready platform on which buyers can build and expand. First, they can engage in active marketing initiatives and further enhance the company’s online presence by revamping their site, maybe adding ecommerce to the mix and a Facebook page. In addition, the business could actively seek out large clients (garages, etc.) and expand its geographical reach, maybe even nationally (goes hand in hand with an online store).
The current owners, proprietors for 15 out of the business’s 25 years, will be making lifestyle changes that will bar them from keeping shop. They have retained Intelligent Business Transfer to find an entrepreneur looking to own their first business or partners as suitable buyers. They have also agreed to stay on to help with transition for a to-be-negotiated timeframe.
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