CoGoGo welcomes to the market a vehicle parts company. The business was originally established by our clients in 1991. The owners are now looking to sell the business due to the desire to take a well-deserved retirement. The business runs as a mail-order parts retailer for classic cars. Parts are imported mainly from Europe, and then sold worldwide. As per the 2017 accounts the business is currently generating an advised turnover of around £321,650 with a gross profit of circa 47%. The current owners have built up an enviable client base over the years. Trade is generated from enthusiasts, as well as professional car restorers and garages. The business has a website which advertises available stock with prices and photos. This is a good website, however, the new owner could look to change this to an e-commerce site; allowing customers to purchase stock easier. This is a niche business that requires a buyer with knowledge of the trade and an enthusiasm for classic cars. CoGoGo highly advise early viewing in order take in the full potential of the business.
This vehicle parts company is currently run from our client’s home in South Wales. Customers are all over the world, and as the business is almost entirely mail-order, it can be relocated anywhere in the UK.
There are no premises included in this sale as it is a business only opportunity. The business is currently run from our vendor’s home.
