Operating from a large, established location since 2017, the current owner of this resale is seeking retirement. As the prospective new owner, you have the opportunity to leverage the existing foundation to enhance sales activity and enjoy the fruits of its success.
The current owner has fostered a stellar reputation among both trade and public clientele, specialising in serving owners of luxury car brands such as Audi, Mercedes, BMW, and Porsche.
In 2023, the business experienced a 15% growth compared to the previous year, largely credited to the transition of a senior technician into a managerial role. This strategic promotion, coupled with incentives, has instigated a more goal-driven environment, allowing the current owner to delegate day-to-day operations more regularly.
Operating from a professionally designed showroom and a separate workshop will set you apart from competitors. The business currently employs a fully trained and capable team, capable of handling most day-to-day operations. This setup has enabled the current owner to dedicate more time to strategic business development rather than daily tasks – a model you may also find beneficial.
Upon completing comprehensive training, you will require a period to integrate into the business. The Wheel Specialist's recommend your direct involvement, or that of a key personnel, across all facets of operations, encompassing both business management and technical aspects. Once you grasp the fundamentals, you can swiftly transition to a more strategic role, focusing on business growth rather than operational, a path followed by many successful franchisees.
Through diligent effort, adherence to the franchise model and support system, and leveraging your expertise to expand the business, you have the potential to achieve levels of success akin to some of the brand's highest-performing franchisees, with profits exceeding £190,000 annually. (These figures are not based on audited or submitted accounts but on adjusted accounts from top-performing franchisees.)
Collaboration with the Head Office support team and Board of Directors will be essential for guiding your business growth. Additionally, you'll need to enhance the existing team's capabilities to accommodate increased workload as your business expands.
