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Comprehensive Tyre Retailer And Fitter For Sale

United Kingdom, UK
Asking Price:
Undisclosed
Turnover:
£1M - £5M
Net Profit:
Undisclosed

The business specialises in providing a comprehensive tire service, offering high-performance car and motorcycle tires, alloy wheels, mobile tire fitting services, and ride-in and ride-out motorcycle tire replacement. The company operates on a regional B2B and B2C basis, primarily across North West England, offering its services to domestic customers and organisations across a wide range of industries, including construction, farming, and the motor trade. The business is ideally placed to achieve further growth due to its many lucrative contracted relationships with large organisations and well-established connections with leading tire manufacturers. The company is now being offered for sale to facilitate the managing director’s retirement plans. Our clients are open to all types of structured offers, subject to negotiation. Offers invited.
YE24 draft turnover of £1.3m, with an EBITDA of circa £145k.
Turnover in excess of £1.5m, with an EBITDA of circa £212k in YE23.
Shareholders funds of circa £367k in YE24.
Operating within a stable market, which is set to expand at a CAGR of 4.9% through to 2030.
The business operates across a variety of sectors, protecting it from any industry-related downturns.
Relationships with clients span five decades.
Operates from freehold premises with a current market value of circa £500k.
Has been a member of the NTDA for over 50 years.

Property Information

Property:

Freehold