Business for sale

Business description

Advent Business Sales is pleased to offer for
sale this well established business that has
been trading successfully for the last 8 years.
The owner started the going concern since
inception and is now reluctantly selling due
to a desire to retire.
The business is involved in the following
aspects of trailers: new and second hand,
with all types and sizes which are bought,
sold, for hire, part exchange, buy back as
well a built to order or customers can build
their own.
Our client will purchase any condition
trailers at a fair price with immediate cash.
The owner also offers a service where by
customers can buy as they build chassis from
stock, together with a range of trailers which
are easily assembled and dismantled for
storage.
The business is in a fortunate trading
position in that it is the only such business
in Leicestershire to provide such services.
There is only one other retailer in
Leicestershire who is much more expensive
than our client and provides for fewer
services.
In fact, the two businesses actually work
together and provide referrals to one another
and work in conjunction quite often.
Our client has regular clients from many
parts of the country. This has been achieved
as our client has been placing advertising
stickers on all the trailers he sells. This is a
practise that he introduced three years ago.
There is a web site in place which is
averaging 800 hits per months. This is an
area where a new owner familiar with the
internet could generate a vast amount of
sales by placing basic fast moving lines on
the site (ie, top 3 sellers) together with ‘light
boards’ as well as displaying component
stocks.
Our client runs the business on very limited
hours to suit his own lifestyle on a semi part
time basis. In fact, he only visits his storage
facility when meeting a potential customer
by phone appointment only.
A new owner on working full time basis
would increase sales by merely being on site
during trading hours as well as by:
1. Providing a chassis assembly service
2. Providing a hire out service
The vendor is willing to assist any new
owner to ensure smooth continuity. He
resides with a short driving distance and has
offered to provide assistance is required.
Stock at cost is in the region of £10,000 -
£12,000.
REF: 8959LE
Advertising has been restricted to the Yellow
Pages, a monthly magazine and a weekly
Leicestershire paper at a budget of £4,000
per annum.
A niche business that would ideally suit a
new purchaser who has basic fabrication
skills and is willing to open during normal
trading hours.
A willingness to add additional
functionality to the web site would
dramatically increase sales also.
It is rare to find a business with virtually so
little competition, together with vast scope.
One must view early in order to avoid
disappointment.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £80,000
Gross Profit:
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
The business rents a industrial unit on a
secure private industrial estate. The site
benefits from CCTV
Ground Floor
• 1200 sq ft industrial unit with two
large steel shutters which can
accommodate horse box trailers
First Floor
• mezzanine floor used for storage
TENURE: Leasehold
Original lease: 3 years
Remaining lease: 18 months
Review every:
Rent: £7,200 P.A.
We are advised that the annual business
rates are currently:
The low overheads, which constitute the rent
and rates together with the advertising
budget make this a lucrative opportunity.
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.