Business
PRICE IS PLUS STOCK
Overview of Business:
Hilton Smythe welcome to the market One Birmingham Motor Works Ltd.
The business presents a *****, ambitious and savvy Used Car Parts Centre, established in June 2013. In just four years, this eBay / online business has built a continually growing inventory of over 3000 items, with a stock value of over 275,000. With its professionalism and commitment to customer service, the company has proudly achieved a turnover above 250,000 in the last 12 months accounting period. Approximately 75% of the business sales are conducted online, with the remainder being over the counter.
The business predominately focuses on 2-3 specific car brands, thus is considered a specialist in its field. It boasts the ability to deliver 90% of its stock items on a next day nationwide service, attracting a multitude of customers from garages and workshops to private individuals. The business has recently expanded its horizons by offering worldwide delivery, which has created a further increase of 10% in sales.
The company is managed as a part time concern by our client, demonstrating the immense scope and potential in the hands of a new business owner. The owner is confident that with full time input from an operational business owner / manager and a clear strategy, turnover can be significantly increased.
Day to Day Activities:
Specific branded vehicles with high specification are sourced from suppliers in order to provide used parts that fulfil consumer demand in an attractive and lucrative market place. The company operates a very efficient system for stock management which supports its ability to provide a world cl*** level of customer service with a negligible rate of returns or issues.
Sustainability and Strategy:
The business operates in a niche and high-growth e-commerce market. With its combination of high quality stock, professional branding and excellent customer service, this business has been recognised by eBay for its impeccable trading reputation, top rated eBay power seller status, 100% positive feedback and very attractive selling allowances (currently up to 0.6 million in inventory value or 8400 individual items).
Package:
1. Stock, with a combined value of around 275,000
2. Vehicle ramp, tools, accessories and warehouse fixtures, including racking and forklift truck; valued over 25,000
3. IT and office equipment, including a new website; valued around 5,000
For transfer of ownership, the current owner is offering the new owner up to 3 months support to handover/re-locate the current operation.
This business is a genuine and unique example of a turnkey opportunity and is therefore likely to attract significant interest.
Location
Based in Birmingham, this superb E-commerce business opportunity is being sold ideally as a relocatable business.
Leasehold premises are available if required.
Premises
Based in Birmingham, this superb E-commerce business opportunity is being sold ideally as a relocatable business.
Leasehold premises are available if required.
Tenure
The business is ideally being offered as a fully relocated business venture.
Leasehold premises could be available.
Hours
Monday to Friday 8.30am-5.30pm
eBay shop is 24/7
Staff
1 x Full Time Mechanic, undertaking:
- Dismantling of vehicles for parts
1 x Full Time eBay Admin & Logistics Staff, undertaking:
- Logging parts into stock management system
- Photography of used parts and listing on eBay
- Dealing with customer inquiries
- Packaging orders for delivery
Financial Profile
The 2016 accounts show a turnover of approximately 262,000 with a gross profit of roughly 123,000. There is an adjusted net of over 62,000 approx.