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Provider Of Tyre Fitting And Ancillary Solutions For Sale

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

The company is a reputable provider of all tyre and wheel solutions, operating on a B2B and B2C basis. Since its establishment, the business has assembled a wide range of tyre types and sizes, including winter, run-flat, and 4x4, covering a versatile range of vehicles. As a result the company has cultivated strong relationships with key industry suppliers, enabling it to become the sole provider of distinct tyre brands within its area. To complement its core services, the business also provides in-house expertise to offer battery, exhaust, and brake replacement. Our clients are now offering the company for sale to aid their retirement plans and facilitate further growth under the impetus of new ownership. Offers invited. Generated a turnover of £2m in YE24, with and adjusted EBITDA of £194k. Forecast turnover of £2.2m in YE25, with an adjusted EBITDA of £191k. The company provides commercial tyres on a supply-only basis to specific customers, diversifying revenue streams. Operates within a buoyant market sector, with revenue anticipated to increase at a CAGR of 2.4% over the next five years. Works closely with 185 customers, 78% of which provide ongoing business on a monthly basis. Assembled a knowledgeable second-tier management team, which has the necessary expertise and experience to continue daily operations. Provides 24/7 breakdown coverage on a nationwide level. Operates from leasehold premises, which are included in the sale. Significant potential to capitalise on the growing industry by introducing complementary services, such as MOT testing.

Property Information

Property:

Leasehold