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High-Performance Luxury Car Dealership for Sale in Derbyshire with Expansion Potential

 Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    28/06/23

  • Advert ID

    515793

  • Reference

    Z-2864-C / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £495,000
  • Turnover: £5,795,722 (£111,456 Per week)
  • Net Profit: Not Applicable

Business Details

High performance and Prestige Car Dealership

Business
Please quote reference number  Z-2864-C

A car retailer that sources a wide range of vehicles and then sells them on to customers at discounted prices. The dealership specializes in high-performance, prestige and luxury cars, ranging from Audis and Range Rovers to high-calibre Porsches. 

Established in 2005, the business is a highly lucrative auto broker, catering to the high-performance and prestige car market. In an ideal location close to transport links, the dealership offers prestige and luxury cars, ranging from Audis and Range Rovers to high-calibre Porsches. With over 17 years of experience, the business has established important relationships with suppliers and has developed an enviable customer base.

The family-owned business prides itself on its high-quality service, reliability and transparency, and offers a friendly and tailored service for which the dealership has earned official recognition. The business has, for example, been recognized in the National Motor Trade Awards and has been identified as a ‘Highly Rated Dealer’ by Auto Trader. Moreover, the business has accrued hundreds of positive reviews and testimonials on platforms such as Google and Auto Trader.

The dealership sources cars from various suppliers to which the general public does not have access: it has nationwide contracts for buying cars and uses main dealer part exchanges, large company buy-outs, fleet sales and ex-company vehicles. At any one time, the dealership stocks up to 80 cars, and all stock is subjected to a multipoint inspection. Current stock is valued at approximately £1,500,000. Moreover, every car comes with a full MOT and is serviced in line with the recommended manufacturer guidelines.

The dealership also has established relationships with high-street lenders and specialist motoring finance houses, and thereby helps customers to secure the best finance deal within their budget.

The business has a lot to offer prospective buyers:

  • Well-established relationships with suppliers;
  • Excellent relationships with finance companies that underwrite the business;
  • Outstanding financial track-record, with turnover above £11m in 2023.
  • Dealer management system which automates processes;
  • Excellent customer service record;
  • Repeat customers;
  • Extensive database with the information of 15,000 customers;
  • 50-70 new clients per month.
Highlights -

  • Well-established relationships with suppliers;
  • Excellent relationships with finance companies that underwrite the business;
  • Outstanding financial track-record;
  • Dealer management system which automates processes;
  • Excellent customer service record;
  • Repeat customers.
Opportunities -

  • Opportunity to integrate further facilities such as a body shop and repair garage;
  • Opportunity to expand into electric vehicles;
  • Opportunity to improve the company’s social media strategy.


Location
Based in East Midlands.



Premises
The business operates out of large premises.



Tenure
The premises are leasehold.



Hours
The business trades all year round. 



Staff
We are advised the business has a small team of staff.



Financial Profile
IRO £11m

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


Read more

Contact Agent

Listing Statistics

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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 'High performance and Prestige Car Dealership - Z-2864-C / 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.