Asking price: £175,000

Sales revenue: £600,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This dynamic business was set up by the current vendor back in 1996 initially supplying alloy wheels and tyres to the trade. Since then the business has evolved quite considerably and with the launch of their award winning website in 1998, the company has been offering its portfolio of products and first class service to both the trade and the public for almost a decade.
The website has fuelled the growth of the company both in terms of sales and product offerings. The original website has grown dramatically and is now, the UK & Ireland's largest online retailer of alloy wheels. This growth continues to this day has been due to the company's on going commitment in both customer service, expanding product range and continued investment in Internet Technologies.
Initially the company imported alloy wheels from Asia. Today it imports the latest alloy wheel design from all over the world stocking as many alloy wheel and tyre brands as is possible, to ensure you, the customer, has the widest possible range of choice.
The company presently have available from their own and other suppliers warehouses stocks of over 10,000 alloy wheels and tyres to fit anything from a Mini to a Porsche, as well as bespoke offerings for the more unique motor enthusiast and specialist performance car market. Current stock levels circa £60,000.
With their highly trained and experienced team, the company prides itself on offering a first class service to customers, not only when choosing alloy wheels or tyres, but even when your wheels and tyres are mounted by their own professional tyre fitters, all using the latest technology.
Besides the alloy wheels and tyre services, which includes supply, delivery, fit, balancing etc the business also supplies the following products and services to its huge client base:
• One of the widest range of suspension products available including Sport Springs, Height Adjustable Coil-Overs, Sport Shock Absorbers, Lowering Kits & Stabilizers / Anti-Roll Bars etc. The business has expert knowledge in the vast range of suspension products and upgrades available. Unlike some of their competitors, the company actually stock a range of suspension products, and can offer next working day delivery.

• Alloy wheel spacers. As staff already fit and sell alloy wheels and alloy wheel spacers, they possess the expert knowledge in the use of alloy wheel spacers for various applications.

• Light alloy HUB / PCD adapters. This allows the possibility to fit wheels with a different bolt-pattern / centre bore to different cars enabling customisation and wider choice.

• Wide range of high quality brake products including Drilled / Slotted brake disc's and high performance brake pads. The company offers customers a tailored service when upgrading their current braking system.



In addition to this the website also advertises links to other useful sites that provide complimentary products and services includes alloy wheels refurbishment services. This provides the business with excellent additional revenue streams as well as lots of referral business and cross-selling opportunities.

Trading hours: 9 .00 am- 6 .00pm Monday-Friday ,10.00 am- 1.00pm Saturday

Location
The business operates from secure offices with a separate warehouse on a well known industrial estate in the city. It has all services connected and excellent access. The premises are rented and annual rent is £9,600 p.a. Rates are £5,000 p.a. If need be the business could easily be relocated.

Expansion potential
The automotive aftermarket is vast and because of the way this business goes to market it can serve its customers on a worldwide basis if need be. All its suppliers are brand leaders and the business has the expertise and relationships in place that enables it to source product direct from the manufacturer where ever they may be. There is no reason why a new owner could not expand the range further or further develop the trade side of the business.

Competition / Market
This business is totally geared up to the internet. Its own website appears in the top ten website searches on all the major search engines. It utilises web site submissions to various directories and automotive lists as well as undertaking direct mail in the form of E-mails to its own customer base. It also has a presence on several online car forums and related tyre trade magazines.

Support & training
A comprehensive handover period will be available to ensure complete business familiarisation.

Reasons for selling
Retirement