Well established car dealership on Isle of Wight

Description

A rare and exciting opportunity to take part-ownership and make an active contribution to this long-established car dealership and car repairs business.

The retiring business owner would like to exit the business and sell his share of the business. The remaining business owner is keen to work with an equally enthusiastic and committed business partner, to sustain and grow this profitable business. It is anticipated that the new business partner will bring vision, enthusiasm and an experience of the automotive industry and/or a background in marketing and sales.

With an annual turnover of approx £5 million, part-ownership represents a substantial stake in the Island car industry.

The business offers a full range of services including new cars and vans for leisure and business; vehicle servicing, maintenance and repairs; accessories sales; and used cars and vans sales.
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Listing Details

• Listing Number: 66661-916097
• Location: Isle of Wight, England
• Price: 225,000
• Down Payment: 0
• Sellers Discretionary Earnings: 0
• Category: Motor & Transport


• Inventory: 0
• FF&E: 0
• Employees: 21
• Years Owned: 48
• Reason for Selling: Health issues, business priced to sell quickly