Tyre Fitting Depot - North Birmingham

Asking Price
£300k

Description
This business sells tyres, exhausts, mechanical repairs, wheels and accessories. Tyres are the biggest selling product and the brands include: Toyo; Yokohama; Goodyear; Dunlop; Vrderstein; Continental and Bridgestone. The business is a division of a larger company which is selling its fastfit interests to focus on tyre wholesaling. The premises are well suited to the business and they are also for sale if required by the new business owner but will otherwise be leasehold. The location is ideal, being on a very busy cut through joining 2 major routes and visible by traffic on the busier of these. It has a wide and spacious frontage which customers can easily pull onto and the unit itself has a good sized reception area. It is capable of holding plenty of tyre stock and up to 8 cars at a time. The workshop is well-equipped with 4 ramps, 3 tyre fitting machines and 2 balancers and there is a good sized reception area. There are 5 staff members of staff and all but the receptionist will stay with the business. Customers are both retail and trade – at present no fleet business has been undertaken although there is the opportunity to attract this kind of business in the future. Currently, average sales per week are in the range £12k to £15k but historically, with more attention from the owner, £20k has been achieved. The Gross Margin is around 38%. The Preliminary Guide Price for this business is £300,000 for the fixed assets and goodwill of the business and £300,000 for the freehold premises, if required. The business will be of particular interest to companies operating in this sector and will also appeal to an experienced fastfit professional who would like his/her own business.

Category
Other

Contact Details
If you are a subscriber and would like to access the contact details for this business please login here.

If you are not a subscriber and would like to access the contact details for this business you will need to subscribe to the Business Sale Report.