THE Business for Sale Marketplace

Web Based New Car Brokerage
Ref.AM113
Location Relocatable
Asking Price £ 75,000
This web based company supplies cars and light commercial vehicles to a range of clients across the UK. Sixty per cent of its customers are from the retail market place with the remainder being business users. The reason for its continuing success is simple. Many buyers know exactly which make, model and specification of vehicle they require and have no desire to establish a relationship with the local franchised dealer. They simply wish to source the vehicle and the finance and have it delivered to their door with the minimum disruption to their daily lives. This business does just that. It has established a number of key supplier relationships that allows it to source any type and model of vehicle.

It also offers a comprehensive range of funding services including Contract Hire and Purchase, Personal Contract Purchase, Leasing, Fleet and Accident Management. Incoming enquiries are carefully qualified and commitment is gained to the purchase over the phone. All proposal details are captured and sent to the funding agencies, order details are processed by the supplying dealer. Revenue streams come from two sources. Firstly the supplying dealer pays an introductory fee and the finance house also pays a commission. There is no claw back of monies for early settlement.