Total of 18656 firms and businesses for sale today Sunday 28th April 2024
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Sold. Independent Retailer Of Motor Spares & Accessories, Cycles & Repairs, Car Audio Products

LISTING DETAILS
Firms For Sale ID:
33323
Vendor reference:
AE048
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£33,000  
Turnover / revenue:
£218,772
Net profit / cashflow:
£3,451
Years established:
1969
Number of employees:
1
Employees / staffing:
This business is primarily managed by the owner assisted by one further member of staff.

OTHER DETAILS
Reason for selling:
After forty four years the owner has decided to retire due to health problems over the past two years that he feels is inhibiting his performance.
Support and training:
The current owner is happy to remain as long as required to ensure a smooth handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Independent Retailer of Motor Spares & Accessories, Cycles & Repairs, Car Audio Products
Ref.AE048
Location Dagenham, Essex
Asking Price GBP 33,000
This business has been under the current ownership since 1969 and is modelled very much in the likeness of Halfords, offering a wide range of car spares and accessories, which include an all vehicle range of general servicing requirements, plus spares, MOT failure requirements, re-finishing goods, audio equipment (including a fitting service) with a very wide range of tools. In addition the business has a cycle department selling new and used cycles with a fully equipped repair service.

Expansion Potential
The business would benefit from a larger exposure on the internet and an introduction to social media networks.