Highly successful Car Dealership for sale
- Asking Price: £299,995 +SAV
We are advised as per the 2020 accounts, the business generated a turnover in the region of £955,000, with an adjusted net profit in the region of £100,000. Full financials can be made available upon further request.
Please quote reference B06056
- Tenure: Leasehold
Please quote reference B06056
Hilton Smythe is delighted to present to the market Cambs Cars, a highly successful specialist used car sales business established in this area in early 2019.
The profitable business is now being offered for sale due to our client’s wish to relocate.
The ‘Turn-key’ business is rated 5 stars by Auto Trader as an outstanding business model selling good quality used cars across the country.
Prices vary from £995 - £9,995.
There is a large choice of used cars of all makes including – Audi, BMW, Citroen, Ford, Honda, Kia, Mazda, Mercedes, Renault, Rover, Toyota, Vauxhall, and Volkswagen. With an excellent selection of sizes, from coupe, estate, hatchback, MPV, saloon and SUV.
What makes this garage stand out to others in the sector is the extensive range which changes daily coupled with its first-class service and pricing. As a result, the business attracts customers from all parts of the country.
Our client currently uses the following platforms to advertise the business –
- Auto Trader
- Own website
There is also a Finance option available to help make the purchase more affordable.
Currently MOT & repairs are outsourced including tyre replacements, however our clients have recently refitted the adjacent garage unit which offers any new owner the option to save on repair costs and carry out all repair work on site.
We recommend any new owner may look at any of the following areas to further increase the turnover and profitability levels –
- Add car repairs.
- Add tyre replacement and balancing.
- Add on site car washing and valeting.
- Add your own finance.
- Friendly Dealer, Great quality cars -
Going to look at a car that I was interested in at Cambs Cars was an enjoyable experience. I was able to test drive at my leisure, and thoroughly look over the car before being given time to make up my own mind if I wanted to go ahead and make the purchase. I am very pleased with the car so far. After a week of driving, I found one minor problem that I flagged, and Cambs Cars immediately offer.
- We would highly recommend Cambs cars -
Stephen could not be more helpful with advice in choosing the correct vehicle for us. He explained everything thoroughly regarding the in's and out of the car.
- Great Service and very easy -
Very easy, relaxed and friendly - great car, test driven and bought - had time for a cuppa in the farm park up the road whilst it was washed, and we sorted our insurance. Highly recommended.
Key selling points –
- Excellent location
- Low running costs
- Highly profitable business model
- Nil business rates
- Interactive website with online chat facility
- Outstanding reviews
- Opportunity to expand
- Full business handover offered
We are advised that the business has 3 full time members of staff.
The business is currently trading;
Monday – 9:00am to 5:00pm
Tuesday – 9:00am to 5:00pm
Wednesday – 9:00am to 5:00pm
Thursday – 9:00am to 5:00pm
Friday – 9:00am to 5:00pm
Saturday – 9:00am to 5:00pm
Sunday - 10:00am to 4:00pm
Cambs Cars occupies a highly visible roadside trading position, just off the A141.
The Grove, Warboys Road is located just off the A141 and includes a small selection of independent business including a café, office supply business, fitness centre as well the main access onto the large mobile home park located directly behind.
Old Hurst is located in between March and Huntington.
This is an increasingly popular place to live and commute to the nearby towns.
The garage is conveniently located within the middle part of the country as many customers travel from all parts of the UK and Ireland.
There is lots of free parking directly in front of the garage.
- Gated entrance
- Mobile office unit
- Large secure lock up open sales area
- Separate garage unit (with roller shutter)
- Fully alarmed
Adjacent Garage Unit – inc. 4 x poster ramp, ‘Hoffman’ Wheel balancing machine, compressor, air conditioner testing equipment - £25,000 - £30,000
We are advised that the business is being sold on a Leasehold basis, with the current lease due to expire in 2021. A new lease is to be negotiated. The rent is £830 per month