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Premium Alloy Wheel Refurbishment Franchise In East Midlands For Sale

UK
Asking Price:
£300,000
Turnover:
£413,000
Net Profit:
Available on request

We are thrilled to introduce this Premium Alloy Wheel Refurbishment Franchise based in the East Midlands, a thriving enterprise with a solid 7-year history and robust ties to the local automotive industry. What makes this opportunity truly unique is the presence of a fully equipped showroom and workshop, adding an extra layer of professionalism to the business. It caters to well-known manufacturers, motor traders, independent body shops, and vehicle repair facilities.

The business is on an upward trajectory, fuelled by word-of-mouth referrals. It boasts a dedicated team of four members, with active owner involvement on-site. This sale encompasses all assets, ensuring a smooth transition. The owner is deeply committed to expansion, having made investments in additional equipment. Throughout 2022 and 2023, the franchise's website consistently drew in 150-200 potential customers each month for the Leicester branch, with a conversion rate of one in every three.

The franchise addresses a wide range of automotive needs, with BMW, Mercedes, Audi, and Porsche being their top-performing brands in 2022. Leveraging expertise from a network of over 20 franchisees, they complete wheel refurbishments within an impressive 24-hour timeframe, outpacing their competitors. Customers benefit from the convenience of obtaining quotes and booking services over the phone.

Don't miss the chance to take ownership of this flourishing wheel service franchise based in the East Midlands, known for its strong reputation, comprehensive guarantees, loyal customer base, and significant growth potential.

Property Information

Property:

Leasehold

Lease Terms:

Five years remaining on the lease agreement.

Leasehold Rent:

£37,700 Per Annum per annum

Location:

The franchise territory encompasses a strategically defined area within East Midlands and extends into some neighbouring regions that currently lack franchisee coverage. This expansive territory is delineated by a cluster of postcodes, ensuring comprehensive service availability to residents and businesses alike. Further information will be provided upon signing an NDA with Franchise Resales.

Premises Details:

This business operates from a dedicated, professional premises, boasting a spacious unit encompassing over 5,000 square feet. This well-equipped facility is meticulously designed to facilitate on-site alloy wheel refurbishment, maintaining the highest professional standards in the industry.

The premises also features a well-appointed showroom, providing an attractive display space for the products and services on offer. Moreover, the internal offices are integral to the operation, serving as the hub for administrative and managerial functions.

Business Operation

Competition / Market:

In terms of competition, there are no direct contenders providing an equivalent comprehensive service package. However, there are a few players in the market that focus on mobile or smart/cosmetic repair services as an alternative offering.

Reasons for selling:

This sale comes as the owner looks forward to embarking on a well-deserved retirement journey.

Trading hours:

Monday - Friday 8.00am to 5.00pm - Saturday 9.00am to Midday.

Employees:
4
Years established:
Established in 2016

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Full support and training will be provided by the Franchisor.

Financing available:

Please discuss with Franchise Resales.

Website:
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