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Kingston Tyre Care Business with Expansion Potential for Sale

Kingston upon Thames, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    25/04/24

  • Advert ID

    610380

  • Reference

    B08003 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £124,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Popular & Growing: Expert Tyre Care and Services Opportunity For Sale

Business
Please quote reference B08003

CoGoGo are pleased to welcome to the market Kingston Tyres, a highly rated tyre bay opportunity based in Kingston Upon Thames.

Kingston Tyres, your premier destination for all things rubber and road-ready in Kingston Upon Thames. Conveniently situated on a bustling street, the tyre bay stands as a beacon of reliability and quality service in the community.

At Kingston Tyres, they pride themselves on delivering top-notch products and exceptional customer care. Their skilled technicians are experts in tyre fitting, balancing, and alignment, ensuring your vehicle runs smoothly and safely on every journey.

As Kingston Tyres continues to thrive on its foundation of quality service and prime location, the opportunities for growth are boundless:

  • Expanded Services - Beyond tyre services, you could introduce additional automotive services such as oil changes, brake inspections, and minor repairs to cater to a broader clientele.
  • Online Presence - Establishing a strong online presence through active social media channels that can attract new customers and enhance brand visibility.
  • Customer Loyalty Programs - Implementing loyalty programs and referral incentives can encourage repeat business and word-of-mouth recommendations.
  • Fleet Services - Targeting local businesses with fleet vehicles by offering discounted rates and specialised maintenance packages that can tap into a lucrative market segment.


Location
Kingston Tyres is within a prime location amidst the hustle and bustle.



Premises
A spacious open-plan workshop, designed for efficiency and convenience. With ample tyre storage and a built-in ramp, they seamlessly accommodate all your tyre needs with the got the space and tools to get the job done right.

Equipment Included:

  • Ramp
  • Jacks
  • Tyre Machine


Tenure
This business is being sold on a Leasehold basis with 4 years remaining on a 5 year lease. 

The current rent is £250 per month.



Hours
The current trading hours are:

Monday to Friday - 8:30am to 7:00pm

Saturday - 8:30am to 6:30pm

Sunday - 10:00am to 5:30pm



Staff
The business is run and managed by our client with the help of 2 staff members.



Financial Profile
The business generated a turnover of £168,000 in 2023. Full financials can be made available upon further request.



Read more

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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