Highly Profitable Freehold Motor Factors, West Central Scotland Ref. 2822

Freehold £630,000

This is an excellent opportunity to acquire a very well established high turnover freehold motor factors business with little local competition.

Prime 150m2 main road freehold premises included in the sale price and comprising modern retail space, trade counter, very spacious and well fitted store rooms, office and staff toilet and benefitting from ample on street parking.

Annual net turnover in excess of £540,000 with an excellent gross profit margin of close to 50%.

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Type of business
This is an excellent opportunity to acquire a very well established high turnover freehold motor factors business with little local competition. The business is only offered for sale due to the current owners’ wish to retire. Fully computerized stock and parts identification system integrated with invoicing and accounting package. Freehold property and Company share sale of the business.
Staff
Ideally suited to an owner manager or motor factor group looking to enter or expand in the area. Handover training period available if required.
Tenure
Freehold
Premises
Prime 150m2 main road freehold premises included in the sale price and comprising modern retail space, trade counter, very spacious and well fitted store rooms, office and staff toilet and benefitting from ample on street parking.
Financial information
Annual net turnover in excess of £540,000 with an excellent gross profit margin of close to 50%. Freehold property recently professionally valued at £150,000. Stock at cost averaging £140,000.