Ref 6185– Leasehold Car Parts Retailer & Supplier
#brandname are pleased to bring to the market this car parts retailer in the much sought after location of Bedford, Bedfordshire.
Billy Autoparts has been trading from Tavistock street since 1966 with our client in ownership since 2007. Attracted to the busy trading location the business has a long heritage in town and a strong brand name within Bedford. Priding themselves on offering a friendly service, 6 days a week they provide customers with helpful advice, along with walk-in trade. The business also supplies local garages with a prompt and reliable service and has built solid relationships due to being well established in the area.
Bedford is the county town of Bedfordshire. The business is located close to Bedford town centre and is well linked with the A6 and the A4280.
This opportunity is available due to our client’s wish to pursue other business interests creating this superb opportunity for a new owner to expand their current business or simply continue to trade on an 'as-is' basis.
The building is available on a new 10 year lease with terms negotiable upon sale. The rent will be £346 per week.
The business operates from a double fronted two storey property within a parade of catering outlets. The ground floor comprises of a good sized L shaped sales area with the customer service counter to the front right facing into the shop. There are also a number store rooms available and an office to the rear of the property.
On the first floor there is also additional storage and to the rear of the property there are a further 2 parking bays available for customer use.
Billy Autoparts is currently operating with three full time members of staff in employment.
Billy Autoparts generates an annual turnover of £284,000 with gross profits of £125,000. There is a 50/50 split on the sales with half coming from deliveries and the other half from retail customer walk ins. Full financial details are available upon a viewing of the business and the business has traded solidly over its trading history.
This fantastic business is a superb opportunity for any new owner to take advantage of the already strong trading foundations. There is potential for a new owner to increase the current turnover by opening seven days a week and the introduction of an online shop would also be beneficial. Early viewings are advised. Business: £25,000.
Please quote ref: 6185