CONFIDENTIAL SALE
SOLD / WITHDRAWN
06/12/23
603595
CRWSH / Rightbiz
Mailbox Estates present a unique business which is highly profitable located in the heart of Walsall offering a Top Valeting service, Alloy Wheel Refurbishment and brand new and part worn tyres.
Our clients have built a loyal customer base through exceptional service, attention to detail, and commitment to delivering results that exceed the customers' expectations. Some of the customers include the local community, luxury car owners, and other high-net-worth individuals who demand only the best for their vehicles.
The operation is highly attractive to any buyer looking for a profitable and growing business in the car valet industry.
Reason for sale:
* After ownership since 2015, our client reluctantly sells due to family commitments.
The Opportunity
* Stock included
* Turnover in excess of £240,000 per annum
* Located in a Busy Commercial Estate
* Uses the Latest Techniques and Equipment
* Rated 5* on GOOGLE REVIEWS
* Highly Experienced and Dedicated Staff
* Profitable and Growing Business with low overheads!
Turnover
* We are advised that the weekly sales are £5,000 - £6,000 per week on average.
* The split being 50% of car wash sales and 50% tyre sales.
Tenure:
*The site is offered for sale with a new lease of 5 - 20 years.
External
*Secure gated premises with three shutter system for safe storage of the tyre stock.
Internal:
* Office
* Staff WC
* CCTV
Rent:
* We are advised that the rent is £800 per calendar month and is anticipated to be £1,000 per calendar month from 2024.
Staff
* There are 7 members of staff.
* 5 Staff work 6 days
* 2 staff work 4 - 5 days
Expenses
* Electric Approx. £240.00 Per month
* Water Approx. £150.00 Per month
Business Hours
Monday - Sunday 9:00am - 6:00pm
Business Rates:
* £0 per year. ( small business rates relief )
* Purchasers should enquire with relevant local authorities to confirm the rates payable.
Fixtures and Fittings
* The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price as well as the customer database.
Legal costs
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.
Trading Information
* Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.
Viewing arrangements:
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF.
DEPOSIT
* Once an Offer has been accepted the successful buyer/s are required to pay a deposit to secure the sale, and is held in protected client account
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Extremely Busy Car Wash With A Big Reputation - CRWSH / 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.