AM Online

Car supermarket looks to drive network growth

Motorhouse 2000, one of the UK's largest car supermarkets, is preparing for expansion driven by strong financial results for its second year of trading.

The Staffordshire-based comp-any's managing director Ian Allen tells AM: “By the end of our financial year we will be ready to expand by opening another site. That could be achieved by acquiring a greenfield site or an existing business.”

Allen adds Motorhouse is looking at territories in the north and south of the UK. The expansion plans are revealed less than a month after Trade Sales, another large car supermarket leader, reported it was looking to move to larger premises.

The Slough-based firm predicted a dramatic rise in the number of similar operations. Motorhouse 2000 specialises in selling new and imported cars at European prices and was formed in November 1999 on a seven-acre site in Cannock, Staffordshire.

It has a stock of 1000 cars with a similar amount on forward order and sells about 200 units a week. Ford Focus and Peugeot 206 account for a major chunk of its business. Financial results show a 20 per cent growth in business. For the year ending October, Motorhouses's pre-tax profits were up to £1.13m on a turnover of £65m.

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