Hilton Smythe welcomes to the market an exciting opportunity to acquire this popular & profitable used car dealership business.
A relatively new business set up by the current owner in July 2016, it has now been placed on the market for sale as its 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, 4x4's, commercial vehicles and motor homes.
All cars are prepared to the highest standards (off site) 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 & further advertises on various motor trader websites.
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 disappointmentLocation
The Business is located in the historical town of Jedburgh, on a prime trading location set on the main A68 Edinburgh Road just as you come into Jedburgh itself, resulting in a fantastic amount of passing trade.
Jedburgh itself is steeped in history with its famous abbey, Queen Mary's House, Jedburgh Castle Jail, now a museum, and the Jedburgh Library and caters for everyday needs with a good range of local amenities including shops, banks and schooling.
Many surrounding towns are readily accessible, as are both Newcastle and Edinburgh via the A68 - making it popular with commuters, with the railway station at Tweedbank, which can be reached in around a twenty-minute drive, offering travel to the rest of the UK.Premises
current owner has a 10 year lease with a new lease available to the buyer
rent to be negotiated Tenure
rent to be negotiated Hours
Monday to Friday 9.00 am – 5.00 pm
Saturday 10.00 am – 4.00 pm
Sunday by appointmentStaff
The business is currently run by the owner along with 1 part time staff.Financial Profile
The business has reported a turnover in the region of £430,000 PA