Alloy Wheel Refurbishment Business Which Includes £140,000 Worth Of Specialised Equipment

Larkhall, South Lanarkshire
REF: INT3151

Asking Price:
£200,000
Annual Turnover:
£154,709
Annual Net Profit:
£48,343
Featured
REF: INT3151
Photo of Alloy Wheel Refurbishment Business Which Includes £140,000 Worth Of Specialised Equipment
Photo of Alloy Wheel Refurbishment Business Which Includes £140,000 Worth Of Specialised Equipment
Photo of Alloy Wheel Refurbishment Business Which Includes £140,000 Worth Of Specialised Equipment
Photo of Alloy Wheel Refurbishment Business Which Includes £140,000 Worth Of Specialised Equipment

Overview

Tenure:
Leasehold
Established:
2021
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads

Established in 2021, this alloy wheel refurbishment business has quickly earned a reputation for excellence, catering to a diverse clientele including private individuals and motor-related businesses.

Specialising in comprehensive refurbishment solutions for various alloy wheel types, the business has carved out a niche in the local automotive market, successfully serving both B2C and B2B clients.

Initially founded by the current owner and a business partner, the owner later acquired full ownership and is now looking to sell the business as he and his wife aim to pursue new ventures.

Positioned for significant growth with the right strategic initiatives, this business represents a lucrative opportunity for buyers interested in entering a profitable and well-established market.

The asking price includes includes 159,000 assets.

The business is fully equipped with £159,000 worth of specialised equipment and a well-designed premises to handle all types of alloy wheel refurbishments.

Operating Monday to Saturday, it ensures a smooth workflow and convenient customer service. Serving both B2B and B2C markets, it maintains strong relationships with local motor traders, ensuring a steady stream of work.

Key assets include a fully fitted facility and reliable repeat business from trade clients, underpinning its continued success.

Instagram: https://www.instagram.com/diamond_cut_rimz_?igsh=MTRtOTMzaXp5Y3Y4bA==
Facebook: https://www.facebook.com/share/175si

To capitalise on the existing success and enhance visibility, the business could invest in more robust marketing strategies, including the development of a dedicated website and increased social media presence. These efforts would attract a broader customer base and boost brand recognition.

While the current staffing levels are sufficient, expanding the geographical reach of services could bring in new clients from a wider area, further increasing revenue.

Additionally, the business could explore offering complementary services related to the automotive industry, thus diversifying its service portfolio and creating new revenue streams.

There is also an opportunity to build on the strong B2B relationships by entering into more formal contracts, which would provide a steady, predictable income.

Features

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Location

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  • On-Site Car Parking

Property

Annual Rent
£4,800
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2033
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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