Car Hire And Service Business For Sale

Business description

Comments:
Cars:
Long established business located close to airport which is ideal for offering a collection and return system. Under the same ownership for over 9 years the business owns 45 vehicles and rents further vehicles to meet peak summer demands. Good sized office with car washing facilities and web site for promotion and bookings. Large regular customer base ensures a bedrock of trade all year round.

Current Operation:
This successful business has been trading in this resort close to the airport for many years and has subsequently built up an enviable repeat trade, with many people booking via the Internet before they leave home, as well as tourists and local residents booking short and long term hires from the office. The business has only 3 owners since its inception, the current owners having run it for over 9 years. At the present the business has 45 cars, ranging from small compacts to large people carriers and also has arrangements to lease cars from other companies so as to satisfy peak demand in the busy summer season. The business has an office with a sizable rear room with plenty of space to store such things spare parts, child seats, roof racks, electronic cash register and fridge/freezer all of which will be included in the selling price. The premises also have a large front, side and rear terrace which is used to clean and valet cars and can park about 5 vehicles at a time. The front office and reception are fully equipped and furnished with three desks and chairs, chairs for customers, a computer system, fax/photocopier, filing cabinet and other office equipment. Also included in the price is an up and running web site that is used for promotion and for customer bookings. To the rear of the premises there are two fully tiled washrooms. The business advertises in the local British newspaper on the island and receives large amounts of business from this advertising. There is a large database of regular customers many of whom own apartments on the island and visit on a regular basis always hiring a car for the duration of their stay.

Notes:
This is a fantastic investment opportunity for someone looking for a business that is not wholly reliant on the tourist trade. Good location plus a large regular customer base ensures that this business can only go on to further growth and ongoing improvements in incomes.

Premises Dimensions:
Inside: 85 Sq. metres
Outside: 120 Sq, metres

Finance:
The rental charge on the business premises are perhaps one of the lowest in the local area, particularly considering the size and amenities available. Running costs are also low and new owners, after the initial investment, should achieve excellent profitability.

Rent:
£375 per month

Asking Price:
€430650

Property information

Real Estate:

Lease

Location:

The business is situated in one of the longest established resorts on the island and only five minutes from the airport, which allows for easy collections and returns for pre-booking customers. There are several hotels and apartments surrounding the business and a sizable local population, many of whom are ex pats, all which provides a steady base of all year round walk in trade. The resort itself is probably the most suitable place to be for car hire simply due to its proximity to the airport and therefore much of the trade is for hire periods of 7 or 14 days ore even longer and involves significantly less work than shorter term hire along with far less vehicle wear and tear.

Contact the seller