BusinessHilton Smythe welcomes to the market an exciting opportunity to acquire this popular & profitable used car dealership business.Established since 1970! it has now been placed on the market for sale as it’s our clients desire to take well-earned retirement. From the prominent trading location, the business offers a range of used vehicles, including small economy cars, family cars, and 4x4's.All cars are prepared to the highest standards and each vehicle is thoroughly checked and sold with the option of a fully backed AA warranty and they can further offer finance, with the business being FCA regulated.It is this first-class customer service which has resulted in the businesses excellent reputation. The business further benefits from having an excellent user-friendly website in place.All this has led to an enviable reputation with many loyal repeat customers within the local area and from across the UK.There is scope to increase turnover with additional opening hours of the business along with the possible integration of a servicing & valeting service, in addition to the possible undertaking of a robust national & localised marketing campaign to highlight the products & services available.The business trades on its reputation for service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry. Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.Location
Selby is a town and civil parish in North Yorkshire, England. Situated 14 miles south of the city of York, along the course of the River Ouse, Selby is the largest and, with a population in 2001 of 13,012, most populous settlement of the wider Selby local government district. The town population had increased at the 2011 census to 14,731.PremisesLarge spot of land fully fenced with lock up, space for around 30 cars also included cabin office.Cars are not included in price but can be for additional price.TenureWe are advised the business is being sold as a Leasehold. New lease to be arranged. Rent: £15,000 per annum.HoursMonday 9:00am- 5:30pm
Tuesday 9:00am- 5:30pm
Wednesday 9:00am- 5:30pm
Thursday 9:00am- 5:30pm
Friday 9:00am- 5:30pm
Saturday 9:00am- 5:00pm
Sunday ClosedStaffThe business is run and managed by our client with the help of 3 part time members off staff.Financial ProfileM Trueman generated an advised turnover of circa £500,000, with a net profit of £45,000.