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An Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For Sale

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An Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For SaleAn Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For SaleAn Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For SaleAn Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For SaleAn Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For SaleAn Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For SaleAn Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For Sale
  • Status

    FOR SALE

  • Date Submitted:

    17/03/22

  • Advert ID

    292322

  • Reference

    BB5149 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £35,000
  • Turnover: Not Applicable
  • Net Profit: £65,000

Key Features

  • Unique Business
  • Home Based
  • Established Business
  • Small Business
  • Accounts Available
  • High Turnover
  • Attractive Business
  • Potential for Alternative Use

Business Details

An Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For Sale

Overview:

BuyerBiz are delighted to announce this fantastic Alloy Repair Business opportunity that is new to the market. It is a popular business and comes with a fantastic reputation and loyal customer base, it's a great opportunity for any buyer looking for an existing, successful Alloy Repair business to walk into

Autochrome Alloys is a fully functional Alloy wheel refurbishment and respraying business that operates within Plymouth, Devon.

The business is now being sold due to long-standing health issues which are now preventing the owner from being able to continue.


The business has been very successful in its 4 years of operation and the demand for its service has been growing exponentially; with numerous new and old customers (including professional contracts) coming in on a regular basis with no view of slowing.

It’s Facebook page will provide evidence for the continued volume of work before, during and after the COVID pandemic. Whereas some businesses sadly lost work and shut down during this difficult time, Autochrome has flourished; showing increased demand.

Annual Turnover: £80,000

Annual Turnover Period: Annual

Net profit: £65,000

Tenure: Home-Based

Business Established: 2017

Current owner has run this business for: 5 YEARS

Business Sale Description:

The role comes with an excellent cost/profit ratio which can be discussed to those expressing a genuine interest and there is no limit on how much one could earn. It all depends on how many hours you wish to work and the effort you put into advertising campaigns and acquiring new contracts; many of which have already been created/established and can simply be transferred over.


The business will be sold with the rights to the name, logo, social media, contracts and overall 'brand', as well as inheriting a large customer base which will ensure a continued flow of custom from old and new sources. The business will also come with several hundreds of pounds worth of tools, equipment and products which will mean the buyer can set up and start working right away to keep on top of the steady flow of incoming work.


The business comes 'ready to go' and would suit someone new to the industry and wanting a career change to enable the flexibility to work their own hours or someone already running a similar business and wanting to expand their service provision i.e. valeting, tuning, window tinting, bodywork repairs, etc.


The buyer would be required to source their own unit or work vehicle if wishing to operate on a mobile-only basis. The current owner used both methods.

This opportunity offers a fantastic bolt-on acquisition for a business already operating within a similar or complementary space. The business would significantly benefit from developing its social media channels and implementing a paid advertising scheme to increase awareness of the brand.

The business benefits from a strong, local customer base as well as year-round tourist trade. It has a successful website, Facebook page and Instagram account.


 

Key Features of This Business:

  • Excellent Reputation;

  • Friendly & Professional Team;

  • Equipment to be included;

  • Huge Growth Potential;

  • Variety of Services or Products;

  • Low Overheads;

  • Room to Expand

Key Business Information:

  • Loyal Custom Base;

  • Excellent Reputation;

  • High Growth Possibilities


 

Key Location Features:

  • Home Based

Accommodation Included: No


 

Potential Growth Opportunities:

In addition to increasing the growth potential of the business it is possible to look into franchising opportunities available to cover other areas of the country (Our Client has actually turned down an offer to cover Cornwall) plus co-production with similar professionals for joint working as I have done previous such as window tinting, valeting, engine cleaning and alloy wheel spraying.



 

Vendor Open To a Transition Period: YES

Business Sector Type: Vehicle Repair

Are Company Accounts Available: YES

Management Structure For Business: Run by owner

Number of Staff: 1

Business Sale Asking Price:

£35,000

Business For Sale  BB5149- Here Is An Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For Sale

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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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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.'.

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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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The data showed regarding this advert 'An Excellent Opportunity To Buy An Alloy Wheel Refurbishment Service Business That Is For Sale - BB5149 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.