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Thriving Used Car & Motorhome Dealership in Prime Location, 25+ Years in Business

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    12/07/22

  • Advert ID

    298782

  • Reference

    B06978 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £424,995
  • Turnover: £2,320,700 (£44,629 Per week)
  • Net Profit: £179,849 (8% Profit margin)

Business Details

Used Car and Motorhome Dealership

Business
Please quote reference B06978

A second-hand car and motorhome retailer, specialising in the sourcing and sale of quality used cars, motorhomes and campers both locally and nationwide.

Established in 1995, and now in its 27th year of trading, the business specializes in sourcing and selling quality used cars, motorhomes and campers both locally and nationwide. With an established customer base in Morecambe, Lancaster, and Carnforth, the business also supplies to customers across the United Kingdom, and as far and wide as Spain, France and other parts of mainland Europe. The dealership currently trades from a large commercial showroom with an ample forecourt in Morecambe, Lancashire, and boasts one the best selections of quality used campers in the area.

Offering a selection of over 30 used cars and motorhomes, the business has recently shifted its focus to motorhome sales which has helped to increase turnover and expand profit margins.The 2023 accounts record an outstanding turnover over £2.3m, growing steadily in the past three years due to buoyancy of the market and a rising trend in UK staycations.

Throughout its long history, the car and motorhome retailer has developed an excellent reputation in the second-hand motorhome market, with uniformly positive reviews on Google and Facebook. Repeat trade also testifies to the quality of the business’ service.

The business has a lot to offer the prospective buyer:

  • Established customer base;
  • Excellent reputation;
  • Ideally-based site, close to a number of caravan parks.
Moreover, there are ample growth opportunities for the future vendee:

  • Acquisition of larger premises;
  • Purchase of one or more franchises;
  • Improved marketing strategy.
Highlights -

  • Established customer base;
  • Excellent reputation;
  • Ideally-based site, close to a number of caravan parks.
Opportunities -

  • Considerable scope for marketing improvements;
  • Potential to expand to a larger site.
The shareholder is looking to take a well-deserved retirement, however they are offering a potential handover period.



Location
Located in Lancashire.



Premises
Operating from a rented premises.



Tenure
Leasehold basis. 



Hours
Due to the nature of the business, it operates all year round. 



Staff
Experienced team of staff in place. 



Financial Profile
  • 100% share capital
  • Interested parties will be required to sign an NDA




Read more

Contact Agent

Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Used Car and Motorhome Dealership - B06978 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.