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Motor Vehicle Hire Company cars, Vans, Mini Bus, Mpvs, 4x4, Car Transporters for Sale


Leasehold : £ 170,000

Motor Vehicle Hire Company
Cars, Vans, Mini Bus, MPVs, 4x4, Car Transporters
Ref. AM168
Location : Nottinghamshire
Asking Price : £170,000
This established and reputable business was set up by the current owners some 10 years ago and provides self drive vehicles for hire both to the general public and business customers. The company has one of the widest selection of vehicles for customers to choose from, be it for commerical or domestic use, plus a strong and loyal client base. All vehicles in the fleet are modern, clean and have limited mileage. The owners have re-invested in the fleet over time, which ensures it provides high quality, safe and reliable vehicles day in day out.

The current fleet ranges from small car classification (eg. Fiat 500) right through to Luton vans and even car transporters. This includes medium/large saloons, estates, 4x4 with/without tow bars, MPVs, mini-buses, short, medium and long wheel base vans and pick-ups.

In addition to this the company can also provide customers with sat nav systems and other ancillary items such as sack trucks etc. for commercial vehicles, not to mention comprehensive levels of insurance to cater for all eventualities (e.g. tyre cover, windscreen damage, European travel etc).

The business is run under management and is NOT vendor dependant. It is currently enjoying very impressive growth rates and this is expected to continue moving forward.

The business enjoys a sterling reputation and benefits from having two high profile town centre locations.

Trading Hours: Monday – Friday: 0800-1800
Saturday: 0800-1200
Sunday: Closed
Staffing: The owners do not work in the business on a day to day basis. The business has key staff in place including a business manager and two rental managers. In addition to this the business employs a driver and an administrator.
Tenure: The business operates from two ideal town centre sites. Both premises are leasehold. Current leases are for circa 5 and 10 years respectively, with reviews every 3 years. Combined rent is circa £23,500 p.a. (main site circa £18,000 p.a., second site circa £5,500 p.a.) We are advised business benefits for small business rate relief. Both sites are secure.
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