Car Dealerships for sale in Isle of Wight

View the "Rare opportunity to take part-ownership (50%) in this profitable car dealership and car repairs business" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Listing our franchise business for sale with Daltons was a simple and effective process. 

Adam Warren (Jan 2017)
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Leasehold Price: £240,000 Annual Turnover: £5,400,000
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Business Description
The business offers a full range of services including new cars and vans for leisure and business; vehicle servicing, maintenance and repairs; accessories sales; and used cars and vans sales.

The business has established an excellent reputation for top-quality service ….. efficient, reliable, competitively priced, accommodating to the needs of customers, and friendly.

This is a rare opportunity to take part-ownership (50%), and make an active contribution, to this long-established and profitable car dealership and car repairs business. With an annual turnover of nearly £6 million, part-ownership represents a substantial stake in the Island car industry.

The business was established in 1970, and moved to the current premises in 1975. Over the years, the business has attracted and maintained strong customer loyalty, growing an exceptional client base across the Island. Customer online recommendations reflect the excellent level of service delivered by the staff.

Although there are no family ties within the business, this is very much a ‘family business’ where colleagues are well respected, and business success belongs to everyone.

The sale of new and used cars accounts for 80% of the annual turnover of the business. There is further capacity to increase the volume of sales of new and used cars, and the premises are of a suitable size to accommodate increased car sales.

There is evidence to show that customers purchasing new and used cars from the business repeatedly return to the business for car servicing, MOT’s and general repairs and maintenance.

The business boasts extensive premises, with an impressive sales showroom adjacent to the business forecourt. The showroom is committed to showcasing the dealership cars and accessories. On the forecourt are the used cars for sale. The forecourt is neatly organized and the cars are all clean and well-presented.

In addition to the showroom there are two large industrial buildings where the car servicing, maintenance and repair work is carried out. These two workshops are well kitted-out and resourced to respond to the full range of mechanical and electrical repair work required. There are 7 service bays with ramps, an MOT testing station, and an additional loft storage space for spare parts.

Services include: new cars and vans for leisure and business; vehicle servicing, MOTs, maintenance and repairs; accessories; and used cars and vans sales.
Business breakdown shows 80% of turnover for new and used car sales and 20% for car repairs, with a combined turnover of nearly £6 million p/a.
Ownership of two car dealerships, and authorized repairer of a third franchise
Excellent reviews for quality service
All used cars and vans are sold with warranties and free servicing contracts
A well-established business which has been trading for nearly 50 years
Large business premises, close to the centre of town, featuring three large leasehold buildings.
Trading Hours:
08.30-17.3, 6 days a week

Number of Employees: 23

Tenure: Leasehold

Listed by: Transworld Business Advisors

Find out more about this business opportunity.

 
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66661-916097
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