FOR SALE
644221
This well-established workshop, strategically located on a busy main road opposite a car wash, has been successfully operating for over four years. As an approved Black Circle fitter, it enjoys a steady flow of jobs, generating an impressive annual turnover of £50,000 during standard operating hours from 9:00 am to 5:30 pm. Currently run by a single individual, the workshop occupies well-fitted premises that benefit from strong visibility and easy access, making it an attractive option for both new and existing customers. It boasts a long-standing reputation, complemented by a loyal regular client base and substantial potential for client base expansion.
The workshop is equipped with valuable trade inventory, including a tyre machine, a tyre balancing machine, an air compressor, and a nearly new 4-tonne two-poster ramp. With favourable rental terms and a long lease available, this opportunity is ideal for first-time business owners seeking to enter the automotive industry. The competitively priced asking price of £35,000 represents a genuine sale due to health reasons after many years of dedication to this profitable venture.
Key Features of the Business
The workshop features a fully equipped environment for efficient vehicle servicing, including a hydraulic lift capable of handling up to 4,000kg. An extensive range of tyres is displayed on multiple racks to cater to a variety of customer needs. The business offers comprehensive automotive services, including tyre fitting, exhaust repairs, MOT testing, and diagnostics, ensuring that it meets all aspects of vehicle care.
Facilities are well-maintained, providing a restroom and wash area for staff convenience. Situated in a prime location with clear signage, the workshop benefits from visible access that attracts a regular customer flow. Additionally, the workshop has built strong industry relationships and boasts a positive online reputation, contributing to its success in the local market.
Business Potential
This family-run business ethos has nurtured a strong sense of community and established solid relationships with suppliers and local clients. There is ample opportunity for service expansion, especially given the existing customer base's trust in the high-quality machinery and equipment used. The business's structured opening hours and mobile fitting capabilities further enhance its appeal.
With a current annual rent of £6,000, this leasehold opportunity includes all stock and extensive equipment inventory. A viewing of the premises is highly recommended for any prospective buyers to fully appreciate the potential of this well-established tyre and exhaust business.
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.
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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.
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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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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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
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