Renowned Tyre Technician Services in West Sussex

Chichester, West Sussex
REF: S07829

Asking Price:
£65,000
Annual Turnover:
£118,230
Annual Net Profit:
£36,286
REF: S07829
Photo of Renowned Tyre Technician Services in West Sussex
Photo of Renowned Tyre Technician Services in West Sussex
Photo of Renowned Tyre Technician Services in West Sussex
Photo of Renowned Tyre Technician Services in West Sussex

Overview

Tenure:
Leasehold
Established:
2011
  • Excellent Reputation
  • Very Loyal Customer Base
  • Equipment Included
  • Low Overheads
  • Strong Supplier Relationships

Offering fantastic value for its asking price, the business for sale is a tyre specialist located in Chichester, West Sussex, providing a comprehensive range of tyre services to its customers in the surrounding area.

Operating since 2011, TMS Tyres has developed a wealth of experience whilst delivering a consistently friendly and reliable service to all customers, quickly becoming the preferred destination for tyre support in the area.

Its roster of services includes the sale of new and part-worn tyres for an extensive variety of makes and models of both cars and light commercial vehicles, as well as tyre fitting, repairs, wheel alignment and balancing.

Armed with a stream of 5* online reviews, a loyal customer base, and a superb set of equipment, a buyer experienced with automotives will be primed to continue and grow upon this business’s legacy.

TMS Tyres is situated near the idyllic cathedral city of Chichester in West Sussex, within the popular Shopwhyke Industrial Centre which affords the business great visibility and spacious premises. The business's unit comes with plenty of outdoors parking, workspace, tyre storage, and an office.

All the business’s high-quality equipment is included in the sale price, such as the company’s large van for collecting products, as well as all stock available at transfer. A full inventory can be made available upon request. Combining the value of all the business’s inventory alone could easily equate to the asking price, so adding the business’s fantastic level of net profit gives this acquisition an unbeatable level of value for money. The possibility of a transitional period is yet to be determined.

This is a brilliant opportunity for a buyer who already works in the automotive sector and possesses knowledge about different tyre services. For example, it would be especially suitable for a competitor who is looking to increase their market share by running multiple establishments.

The new owner will be presented with several options for achieving further growth of the business. Principally, they may wish to relocate to bigger premises in order to increase capacity and consequent turnover. Expanding the number of services available to customers would be an ideal method for increasing the volume of sales generated, as well as filling a greater capacity. Additionally, the buyer should consider implementing an advertising campaign to increase brand awareness amongst its target audience and generate more leads, thereby further fulfilling its increased capacity.

Features

Online Presence

Website: tmstyreschichester.co.uk

Location

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  • Close to Local Businesses
  • On-Site Car Parking

Property

Annual Rent
£6,300
Annual Rates
TBC
Lease Term (Years)
1
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
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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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