Exeter Devon Motor Vehicle Tyre Replacement & Repair Centre on Marsh Barton Estate
Exeter, Devon
- Status
FOR SALE
- Date Submitted:
30/01/23
- Advert ID
507442
- Reference
P35591N / Rightbiz
- Call Agent:
- Leasehold: £145,000
- Turnover: £987,880 (£18,998 Per week)
- Net Profit: Not Applicable
Business Details
MOTOR VEHICLE TYRE REPLACEMENT & REPAIR CENTRE
Renowned MOTOR VEHICLE TYRE DEALER undertaking replacement & repairs, occupying valuable EXETER trading position, situated on the famous MARSH BARTON trading estate with its substantial concentration of car dealerships and other businesses. Centrally positioned and easily accessible, operating from same location approaching 40 years, particularly well-known and respected, masses of trade which continues to grow.
Light industrial premises in excess of 4,000 square feet plus car parking. Provide customer reception, office, and main workshop complete with 4 post and 2 post ramps, tyre changing room, wheel balancing room, ground floor storage, 2 mezzanine storage areas, and cloakroom facilities. Sale also includes mobile tyre fitting vehicle.
Established and under current ownership since 1985, reluctant retirement sale, predominantly tyres accounting for some 90% of trade, no mechanical work undertaken albeit ample scope to introduce, especially brakes & exhausts. Solid profitable business with Sales increasing year on year, 2023 £987,880 ex Vat, Gross Profit £269,247 (27%),masses of work available, valuable customer split private & trade to include garages, car dealerships and delivery businesses.
Leasehold £145,000 sav Ref: P35591N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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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