Business Summary:
Self Drive Motor Vehicle Hire Company
Cars, Vans, MPVs, Specialist Vehicles
Confidentially offered for sale
Ref No:AM101
Location: Lancashire
Leasehold
Asking Price: £225,000 plus Fleet (If Required)
This highly profitable and reputable business was set up by the current owner some 10 years ago and in that time has positioned itself as the leading vehicle hire company in the town it serves, and beyond. The company has one of the widest selection of vehicles for customers to choose from be it for commerical or domestic use and a deep and varied client base to suit. All vehicles in the fleet are modern, clean and have limited mileage. In fact nearly all such vehicles are less that 12 months old. This gives the business a real edge in the market and this is packaged with extremely competitive rates.
The current fleet size is circa 100 vehicles of varying classification. They are all leased and the vendor is happy to offer them to a new owner or dispose of himself.
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| Facilities / Terms of Lease:
The business is situated on leasehold premises. It is advised a new lease would be made available to a new owner if required subject to negotiation. Rent would be circa £2000/month. The site is circa ½ acre in total. There are two modern equipped office buildings (circa 1400 square feet). The compound itself has full perimeter fencing and gated access. It is close to local amenities in the town. |
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| Potential
Growth/Expansion:
The business has enjoyed good growth year on year in terms of turnover, customers, profits and fleet. The rental/lease market is huge and is expected to continue growing in the short to medium term. This business has the market presence, knowledge and infrastructure to accommodate a significant increase in demand. |
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| Competition:
The company advertises in all the local directories and local papers. I also has its own website. It does little in the way of direct mail and would benefit from further development of its client database and a proactive sales and marketing strategy to maximise the opportunities at its disposal.
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| Owner
willing to train:
The current owner would be happy to provide full training and support at handover and would be prepared to stay on for a further period if required subject to negotiation. |
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| Reason for selling:
The vendor wishes to spend more time with his young family. He also has several other business interests he wishes to develop further. |
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Seller Reference Number: AM101
BusinessMart.com Listing Number: 85314 |
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