A TYRE REPAIR AND REPLACEMENT CENTRE

BASED IN SOUTHERN ENGLAND
The company is an independent tyre centre offering a comprehensive supply and fitting service for cars, light commercial vehicles, caravans and trailers. Other services cover puncture repairs, pressure adjustments, wheel balancing and alignment, and the supply / installation of batteries and brake parts.

Operating regionally, the company caters to private individuals and small businesses, receiving a high volume of repeat custom.

The business is being offered for sale to facilitate the managing director’s retirement.

Offers invited.

Key Highlights

– Benefits from an excellent reputation within the local area, with business primarily driven by word-of-mouth referrals.

– Operates from a state-of-the art freehold facility on a major road, which attracts a high volume of passing trade.

– Premises valued at circa £1.5m and will be included in the sale on a freehold or rental basis, with a full valuation to be completed during the sales process.

– Experienced team in place to manage the business day to day.

– Positive market conditions, with tyre repair services continuing to be in high demand due to the number of potholes on the UK’s roads.

Financial Highlights
– YE24 turnover of £1.4m, with an adjusted EBITDA of £229k.