| (REF: 9967LE) Tyre & Exhaust Centre With Motor Accessories Shop |
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| Seller Reference: |
9967LE |
| B4S Reference: |
24694 |
| Asking Price: |
£675,000
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| Net Profit: |
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| Sales Revenue: |
£801,812 |
| Number of Staff: |
11 |
| Established For: |
40 Years 0 Months |
| Ownership: |
Freehold |
| Location: |
Undisclosed, Leicestershire, United Kingdom |
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HISTORY
• Established as tyre and exhaust centre over 40 years ago
• Acquired by vendor 27 years ago
• Ongoing programme of investment maintained
• Large repeat customer base established
• Product mix and blend varied to ensure demands of customer base are met
• Excellent website introduced
• Consistent and reliable trading patterns
• Very much run as a family business
• Promoted as a large independent
REASON FOR SALE
• Retirement
• Vendor would be happy to assist with a handover in the short term
PRODUCTS
• Exhausts
• Full range of premium, mid range and economy tyres
• Batteries
• Motor accessories
o Cleaning and maintenance products
o Spares, components and service items
o Manuals
o Performance products
o Styling accessories
o Alloy wheels
o In car technology
o Car and caravan
o Holiday motoring
• Gift items
SERVICES
• Fitting of tyres and exhausts to customer requirements
• Advice and guidance with strong service ethos
• DIY helpline
CUSTOMERS
• Local private individuals
• Some commercial trade approximately 20% of turnover
• Reliable with high repeat rate
SUPPLIERS
• Consumables from a range of trade wholesalers
• Accounts with a wide range of suppliers ensure competitive pricing
• Excellent trade contacts
EQUIPMENT
• 2 x 4 poster ramps (1 brand new)
• 4 tyre changing machines
• 2 wheel balancing machines
• Tyre racking
• Compressor
• Electronic tracking system
• Sundry tooling
STRENGTHS
• Freehold site
• Established as a garage business for many years
• Strong and consistent financial performance
• Customer base
• Excellent website
• Trade contacts
• No immediate investment required beyond consideration price
• Reliable and knowledgeable staff
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
• A freehold site comprising retail shop, service bay, storage and office space
• Workshop
o Office
o 2 work bays with ramps
o Tyre changing area
o Tyre and exhaust storage area
• Shop
o Sales counter
o Racking and shelving appropriate to trade
o Electronic point of sale system
o Kitchen/store
o Staff WC
• Second floor office space with 5 separate offices and WC
• Exterior
o Vehicle parking area
o Pavement area to front of shop
o Alarmed
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Location: |
• Busy urban area with mixed residential and commercial use
• Well known local landmark
• Forecourt parking with unrestricted street parking
• Within easy striking distance of a range of complementary businesses
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• MoT preparation work
• Servicing
• Body repairs
• MoT station
• Rental of office space
• Business development activity limited
• Website development to include purchase facility
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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• Monday to Friday 8.30AM to 5.45 PM
• Saturday 8.30AM to 4.45PM
• Sunday (shop only) 9.30AM to 12.30PM
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• Business owner and spouse
• 9 staff members covering the shop and service bay
• High retention rate
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