Business
Please quote reference B06978
Established in 1995, the business specialises in sourcing and selling quality used cars, motorhomes and campers both locally and nationwide. With an established customer base in Morecambe, Lancaster, and Carnforth, the business also supplies to customers across the United Kingdom, and as far and wide as Spain, France and other parts of mainland Europe. The dealership currently trades from a large commercial showroom with an ample forecourt in Morecambe, Lancashire, and boasts one the best selections of quality used campers in the area.
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Typically stocking around 30 motorhomes and campervans, the business has recently shifted its focus to motorhome sales which has helped to increase turnover and expand profit margins. The 2023 accounts record an outstanding turnover over £2.3m growing steadily in the past three years due to buoyancy of the market and a rising trend in UK staycations.
Throughout its long history, the company has developed an excellent reputation in the second-hand motorhome market, with uniformly positive reviews on Google and Facebook. Repeat trade also testifies to the quality of the business’ service.
The business has a lot to offer the prospective buyer:
- Established customer base.
- Excellent reputation.
- Ideally-based site, close to a number of caravan parks.
Moreover, there are ample growth opportunities for the future vendee:
- Acquisition of larger premises.
- Purchase of one or more franchises.
- Improved marketing strategy.
Highlights –
- Established customer base;
- Excellent reputation;
- Ideally-based site, close to a number of caravan parks.
Opportunities –
- Considerable scope for marketing improvements;
- Potential to expand to a larger site.
Location
Bay View Cars & Motorhomes is located on Grosvenor Rd, Morecambe.
Morecambe is a well-known seaside town which is highly popular with tourists. The business is situated on a densely populated housing estate approximately 1 mile from the town centre. This area has free street parking.
This area has a generous amount of public transport that runs into Lancaster city centre and Morecambe. There are also two train stations within walking distance with regular routes across the UK. This area has fantastic road connections, the M6 and the A683 which is just a short drive away.
Premises
The business operates from leasehold premises.
Tenure
We are advised that the business is being sold on a Leasehold basis, with a new lease to be negotiated for the new buyer. The rent is £3,500 per month.
Hours
The business hours are –
Monday – 09:00 – 17:00
Tuesday – 09:00 – 17:00
Wednesday – 09:00 – 17:00
Thursday – 09:00 – 17:00
Friday – 09:00 – 17:00
Saturday – 09:00 – 17:00
Sunday – 12:00 – 16:00
Staff
We are advised that the business is run and managed by our client, with the help of 3 full-time and 1 part-time members of staff.
Financial Profile
Turnover IRO – £2.3m in 2023.
Offers invited.
Please quote reference B06978
