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Tyre and autowork shop for sale in Newmilns East Ayrshire on Main Street

Newmilns, East Ayrshire
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Established tyres & Autowork shop , Newmilns Main Street   Photo 1
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Established tyres & Autowork shop , Newmilns Main Street  Established tyres & Autowork shop , Newmilns Main Street  Established tyres & Autowork shop , Newmilns Main Street  Established tyres & Autowork shop , Newmilns Main Street  Established tyres & Autowork shop , Newmilns Main Street  Established tyres & Autowork shop , Newmilns Main Street  Established tyres & Autowork shop , Newmilns Main Street  Established tyres & Autowork shop , Newmilns Main Street  Established tyres & Autowork shop , Newmilns Main Street
  • Status

    FOR SALE

  • Advert ID

    642734

  • Leasehold: £35,000
  • Rent: £6,000 (£500 per month)
  • Turnover: £80,000 (£1,538 per week)
  • Profit: On request

Key Features

  • Additional property included in sale
  • Advertising and marketing opportunities
  • Ancillary vehicle repair services
  • Comprehensive automotive services

Business Details

Established tyres & Autowork shop , Newmilns Main Street

Located on a prominent main road, this well-established workshop has been successfully trading for over four years. As an approved Black Circle fitter, it regularly receives a significant number of jobs each week, achieving an annual turnover of £50,000 while operating between the hours of 9 AM and 5:30 PM. Currently, the business is run single-handedly, demonstrating the convenience of the location and the well-fitted workshop premises. Aside from its strong reputation, the business boasts a loyal and consistent client base, with substantial potential for further growth.

Significant assets accompany the workshop, including a valuable inventory of trade equipment and fittings: a tyre machine, tyre balancing machine, air compressor, a brand new four-tonne two-poster ramp, tyre racks, and more. The rental terms are highly favourable, making this opportunity ideal for first-time business owners. A long lease is available, and the business is competitively priced at £35,000 for a quick sale after many years of successful trading due to health reasons.

Key Features of the Business

This established car tyre supplier is characterised by a reputable standing and a dedicated customer base. The workshop is well-equipped with essential tools, including a hydraulic lift and various diagnostic instruments. A large selection of both new and used tyres is displayed conveniently on-site, enhancing visibility and accessibility for customers. In addition to tyre services, the business also provides MOT repairs and general vehicle maintenance, expanding its service offerings.

Sale Information

The asking price for this leasehold business is £35,000, with a current turnover of £80,000 and an annual rent set at £6,000. Notably, the sale includes all stock, ensuring a seamless transition for the new owner and contributing to a robust foundation for future operations.

Additional Opportunities

The sale encompasses several advantages: additional property included in the transaction, abundant advertising and marketing opportunities, and ancillary vehicle repair services. The workshop benefits from a strong local reputation, proven supplier relationships, and a track record characterised by referrals. Regular promotional offers, quality product range, and relevant industry certifications underpin the workshop's operational success. Committed staff members are equipped with the skills and knowledge required to maintain high service standards, ensuring that both customer and staff facilities are well catered for.

This business represents not only a sound investment opportunity in a prime trading location but also a chance to build upon a solid foundation with substantial room for growth. Viewing of the premises is highly recommended to truly appreciate the potential on offer.

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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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