For Sale
Based in Southern England
The company is an independent tyre centre offering a comprehensive supply and fitting service for cars, light commercial vehicles, caravans and trailers. Other services cover puncture repairs, pressure adjustments, wheel balancing and alignment, and the supply / installation of batteries and brake parts.
Operating regionally, the company caters to private individuals and small businesses, receiving a high volume of repeat custom.
The business is being offered for sale to facilitate the managing director’s retirement.
Offers invited.
Key Highlights
- Benefits from an excellent reputation within the local area, with business primarily driven by word-of-mouth referrals.
- Operates from a state-of-the art freehold facility on a major road, which attracts a high volume of passing trade.
- Premises valued at circa £1.5m and will be included in the sale on a freehold or rental basis, with a full valuation to be completed during the sales process.
- Experienced team in place to manage the business day to day.
- Positive market conditions, with tyre repair services continuing to be in high demand due to the number of potholes on the UK’s roads.
Financial Highlights
-YE23 turnover of £1.4m, with an adjusted EBITDA of £200k.
- Projected turnover of £1.5m, with an adjusted EBITDA of £500k.
