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East Scotland Alloy Wheel Repair and Refurbishment Business Up for Sale

Undisclosed

CONFIDENTIAL

  • Leasehold: Price on Application
  • Turnover: £556,000 (£10,692 per week)
  • Profit: On request

Key Features

  • Offers Invited

Business Details

Professional Repair and refurbishment of alloy wheels – Based in East Scotland

Overview

The company is an alloy wheel repair and refurbishment specialist serving both private and
commercial clients.
The business provides diamond cutting, powder coating, and crack and buckle repairs, with
its extensive in-house experience and highly specialised offering establishing it as a market leading provider across East Scotland.
The company also offers a range of complementary services, such as sandblasting, welding,
vapour cleaning, and tyre purchasing and fitting.
Our clients are now offering the business for sale to facilitate further development under the
impetus of new ownership and to pursue unrelated business interests.
Offers invited.

Financial Highlights

• Generated a turnover of £556k in YE25, with an adjusted EBITDA of circa £212k.
• Operates in a highly sustainable, high-margin industry, evidenced by the company’s
consistent operating profit margin, averaging 27% over the last three years.

Key Highlights

• Circa 85% of sales derived from existing dealership and independent garage clients,
many of which have provided consistent recurring annual revenue for over five years.
• Achieved premier supplier status with a long-standing, high-profile car dealership.
• Niche diamond cutting offering accounts for circa 60% of annual revenue.
• Provides a scalable operation with minimal investment due to the high-demand services
offered; currently completes circa 300 jobs per week, at an average value of circa £200.
• Utilises state-of-the-art CNC machinery.
• Experienced in-house team of four employees that can oversee day-to-day operations
post-sale.
• Operates from ideally located leasehold premises, which includes a workshop and office
space.

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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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