$295,000

Very Profitable Motor Vehicle Business specialising in sub-prime finance based Used Car Sales

---Europe/North East England
Financials
  • Price: $295,000
  • Gross Income: $3,718,594
  • Cash Flow: $0
  • FFE: $0
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #AM163
  • Year Established: 1990
  • Financing:
  • Training: The vendor will provide full training and support to ensure a seamless transition of ownership and continued trading. This should be a relatively simple process.
  • Facilities:
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

Location: North East England Leasehold Asking price: £295,000 for the goodwill (plus cost of stock to be negotiated) Asking price includes: 2024 Turnover £7.2M. Gross Profits of £979,000 Adjusted Net Profit of c£173,000 pre-drawings Business is currently selling 80 Cars per month! Multiple revenue streams Impressive growth pattern High profile site including workshop Large well maintained forecourt Superb reputation (30years trading) Growing & loyal client base All tools and equipment Superb Website Listings Goodwill

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Business Listed By

Andrew Hudson Ickenham House, 2-4 High Road, Middlesex, UB10 8LJ , ---Europe, Ickenham