For Sale
Well Established BM & Mini Parts Supplier For Sale
Huntingdon, Cambridgeshire
- Asking Price: £214,995
-
Turnover:
We are advised the business generated a turnover of circa £125,000 as of 2021, further financial information can be made available upon request.
Please quote reference B06819
- Tenure: Leasehold
Please quote reference B06819
Hilton Smythe is delighted to present to the market BM Mini Parts, a very well established and successful BMW and Mini car parts business.
BM Mini Parts was established by our client in 2007 who is now looking to sell the business to concentrate on his business interests/family.
The ‘Turn-key’ business opportunity specialises in supplying a large choice of BMW and Mini parts with around 9,420 different lines available with approximately 61,000 total parts in stock.
All parts available are coded in line with the BMW catalogue which is available to see online. The business only supplies original genuine parts offered at a greatly reduced price!
We are informed 99% of the direct sales come via the eBay website and the remaining from the online business website.
The stock level of around £80,000 is carefully organised in our clients warehouse (330m2) which also includes a bespoke racking system to allow easy order picking.
Our client will be offering a new lease term to any new owner as well as full business handover to ensure the smooth transition.
The business supplies both the domestic and trade market.
Key selling points -
- eBay site - 1,600 followers/99.6% positive feedback score/45,000 items sold to date
- Detailed business website
- Facebook page
- High, consistent profit margins
- Excellent customer feedback on ‘mini2.com’ & ‘babybmw.net
- Consistent business model
- Full business handover offered
- Singly run by owner only
- Highly organised trading unit
- Nil Business rates
- Opportunity for further growth
- Ideal ‘Bolt-on’ to any similar online supply business
Increasing both the stock holding and increasing current advertising spend could significantly increase the turnover and profit levels.
The following is included in the sale:
- Forklift (£6,000)
- Racking system (£20,000)
- Storage boxes (£10,000)
The business is run and managed by our client.
The business trading hours are as followed:
Monday to Friday 09:00am - 17:00pm
Saturday & Sunday - Closed
BM Mini Parts currently trades from our clients warehouse unit in Huntington, Cambridgeshire.
The business occupies a secure unit on the Warboys Airfield Industrial Estate which is conveniently positioned just off the A141 which links directly to the A1 motorway.
The business model operates 100% online with all orders coming via their eBay account and business website.
The business is being sold with a new lease term to be offered however the nature of the business would allow the operation to be transferred to any alternative location across the country if required.
The premises is comprised of the following:
- Double height secure storage unit - approx 331 m2 in total size
- Arranged with 3 levels of storage space accessed via staircase
- Packing area
- Office space
- Staff toilets
Tenure
We are advised the business is being sold on a Leasehold basis with a new 10 year Lease to be granted to a new buyer, rental income is yet to be confirmed.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
