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#Business ID: 14355

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Successful International Prestige Car Parts Supplier

Business Location: London, England

Asking Price: BUSINESS SOLD Revenue: £ 750,000 Cash Flow: not applicable

Business Summary

Outstanding opportunity to acquire a very successful UK-based exporter & distributor of manufacturers genuine parts for prestige sports & luxury cars, which has delivered steady growth since start-up just over 3 years ago.

It is extremely cash-positive as there is only one credit account, all other orders are payable in advance & parts are purchased back-to-back.

It has a very loyal & diverse customer base, with well over 3,000 having bought product to date, & the number of customers continues to grow apace.

Just 7.33% of sales go to UK customers, the remaining 92.67% being exported to 28 countries worldwide.

It is easily relocatable anywhere within the UK, & therefore significant synergy savings are possible for such buyers who already have an existing parts supply operation.

This business would be particularly attractive to a wide range of motor industry interests, such as main dealers for any of the brands involved, or specialist parts distributors, ie anyone looking for a strategic acquisition to add to their portfolio at marginal cost.

It would equally suit someone interested in converting their passion for exotic cars as a hobby into a fully-fledged business by acquiring a ready-made extremely successful existing enterprise.

It operates from a small office & packing area, on a monthly rolling contract, allowing easy exit.

Sales enquiries are by e-mail, phone & from a very sophisticated web-site featuring a state-of-the-art online parts management system for key manufacturers.

All genuine parts are sourced entirely directly from manufacturers’ UK-based supply chains. Third party / compatible parts are never supplied.

The owner / manager runs the business on a part-time basis. Thus, if combined with an existing business, there is scope for greatly increased future sales without requiring additional staff, & the vendor would happily assist with migration to new ownership by arrangement.

The vendor believes that the business is in an excellent position to be taken to the next level which can be achieved by adding additional manufacturers’ ranges & by a variety of pro-active marketing initiatives.

Property Details

Size:

50 square meters

Years Established:

2009

Property Type:

Lease

Other Business Details

Business Location:

Based in the South East of England but easily relocatable anywhere within the UK.

Premise Details:

The Business operates out of a small unit of about 50 square meters.

Expansion Potential:

The vendor believes that the business is in an excellent position to be taken to the next level which can be achieved by adding additional manufacturers’ ranges & by a variety of pro-active marketing initiatives or by expanding into used and/or aftermarket parts.

Business Operation Details

Employees:

1 (owner operator)

Trading Hours:

08:30 - 16:30 Monday to Friday

Support & Training:

The vendor would happily assist with migration to new ownership and can offer ongoing support by arrangement

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

As he has no personal commitments, the vendor wishes to resume his mountaineering activities, for an indeterminate period, before eventually re-entering the business world.  However, if required, the vendor is happy initially to enter into a post-sale agreement in order to ensure a smooth migration for the new owners, & is also willing to continue to work under a consultancy arrangement to assist with taking on additional parts catalogues for other manufacturers whose parts he already supplies, & to assist with developing the ecommerce systems further if the need arises.  The vendor is also willing to enter into a post-sale non-competition agreement.

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