Tyre shop for sale in Hertford Heath, Hertfordshire with a range of products and services
Hertford Heath, HertfordshireEst. 11 years
- Status
FOR SALE
- Advert ID
656816
- Leasehold: £240,000
- Rent: £37,000 (£3,083 per month)
- Turnover: £130,000 (£2,500 per week)
- Profit: On request
Key Features
- Fully equipped service facility
- High-quality parts and materials
- Owner-operated management structure
- Prime location with lease
Business Details
Tyre shop
This is an exciting opportunity to acquire a well-established tyre shop that has been operating since 2015. With a robust inventory of over 1,000 tyres available in various sizes, the business caters to a diverse clientele, ensuring it meets all tyre needs effectively. The shop is equipped with two ramps for mechanical jobs, two tyre fitting machines, and a wheel balancing machine, making it fully equipped to handle a range of services efficiently.
Located in a prime area with high visibility and foot traffic, the shop benefits greatly from its proximity to an MOT facility situated directly across the road. This strategic location not only enhances visibility but also creates additional opportunities for tyre sales and related mechanical jobs. The established customer base is characterised by loyal clientele, offering a solid foundation for continued success.
The business features a comprehensive range of tyre brands and sizes, catering to all types of vehicles. Its commitment to quality is reflected in the high-quality parts and materials used in all services. The owner-operated management ensures personal attention to customer service, which has fostered a trustworthy reputation in the community.
Key Features
Some of the notable features of this tyre shop include:
- A fully equipped service facility with professional diagnostic tools and modern machinery.
- Quality parts and equipment that adhere to industry standards.
- A spacious workshop environment, allowing for efficient workflow and processing of jobs.
- A competitive pricing strategy and service packages designed to attract and retain customers.
- A supportive business structure with the possibility of training opportunities for the new owner, ensuring a smooth transition.
The reason for selling is primarily retirement, presenting a unique opportunity for a new owner to step into a thriving business with significant growth potential. With two employees already on board, the shop operates smoothly and is prepared for handover. This tyre shop represents more than just a business; it is a chance to own a reputable establishment within a dynamic market.
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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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