MOT Servicing Bay plus Specialist Tyre Supply Centre For Sale

Business description

This business is a specialist tyre retailer/alignment/MOT centre and is centrally located in a large town. The business was originally founded by the vendor in 2001 and since inception he has established solid commercial foundations for further growth of the business for any new owner. The business provides its many clients with fast efficient MOT’s tyre fitting and wheel alignment services.

The business has recently expanded its operation to include a fully equipped MOT bay with two additional ramps. This compliments the thriving tyre business and is experiencing impressive growth having also developed an excellent reputation for its expertise in 4x4’s and the Japanese Performance Car Market.

This established business maintains an extensive client base that includes many account clients who are middle to upper income earners from two car families.

The average purchase is two tyres per vehicle, and a vast number of clients have the vehicle's wheel alignment checked and adjusted if necessary. The average customer spend is already increasing with the introduction of the MOT and service bays as clients are looking to have all their vehicle needs catered for under one roof.

The business has gained an excellent reputation for providing a reliable and complete vehicle tyre fitting service, and has been voted as the number one tyre supplier in the surrounding area by a National magazine.

This reputation for expert, quality workmanship has enabled the application of an attractive pricing structure ensuring unrivalled value for money. The team are fully trained in tyre and wheel alignment and the MOT workforce possess all relevant qualifications to ensure continued high standards of workmanship.

This independent business has a distinct competitive advantage and is highly recommended within the industry, always investing in the best equipment available on the market and having excellent lines of communication with clients, ensuring maximum customer satisfaction.

Success has been attributed to its professional approach towards its clients, enhancing its reputation and its envied status of being the preferred tyre and MOT centre in the area.
Client's queries are dealt with immediately and all work is done efficiently and to the highest quality.

Property information

Property:

Leasehold

Lease terms:

The premises are leasehold, and rent is currently circa £18,000 per annum.

Location:

The centre offers extensive facilities and is fully equipped providing well-suited space for the business, with good frontage and excellent signage. The premises are prominently located on the high street with a high volume of passing traffic.

The geographical location of business has been responsible for high levels of repeat business, with all local facilities close to hand and good access to major roads and motorway networks.

The premises are leasehold, and rent is currently circa £18,000 per annum. The structure is well maintained, clean and tidy and has separate office space and easy access for vehicles with plenty of good parking.

Other information

Expansion potential:

There are excellent opportunities for the business to cater for the fleet market, which accounts for circa 35% of total national sales. Other opportunities worthy of consideration are a mobile tyre and battery fitting service and vehicle valet servicing.

The business offers an excellent opportunity to build on an established reputation and extensive client base. The infrastructure is already in place to cater for this growth. There are many opportunities to enhance the revenue stream and expand the business.

Entering new product markets and enlarging the customer base could easily achieve further expansion. The business has the appropriate skill set to consider entry into many other market opportunities.

Competition / Market:

Yellow pages, local press, trade awareness, Yell .com Thomson Directory, public relations, and leaflets and brochures are used to advertise and market this business. Business revenue is largely generated from repeat business and extensive word of mouth recommendation, bearing testimony to the high regard the business holds among clients and competitors alike. The company does not have a web presence and there is no doubt that turnover and profits could increase using this additional medium.

Reasons for selling:

Now seeking a more leisurely lifestyle the owner is ready to handover to a successful purchaser who can continue the good company name and take the company to the next level. Full business familiarisation, training and handover will be given.

Trading hours:

Monday - Friday 8.30am to 5.30pm Saturday 8.30am to 4.30pm