Reputable Mobile Alloy Wheel Repair Business in the East Midlands

Barkston, Grantham
REF: S07868

Asking Price:
£87,500
Annual Turnover:
£65,660
Annual Net Profit:
£45,689
REF: S07868

Overview

Tenure:
Relocatable
Established:
2017
  • Fully mobile
  • Superb reputation
  • Loyal customer base
  • Huge growth potential
  • Equipment included in asking price
  • Low overhead costs

New to the market is a mobile cosmetic alloy wheel repair business which covers a huge region that incorporates Lincoln, Grantham, Newark, Sleaford, Nottingham and the surrounding areas.

TWS (East Midlands) has robust relationships with over 10 different car dealerships, fleet and lease companies, insurance companies, and the general public, attending the client’s place of work or their home address to carry out quick and convenient repairs of alloy wheels.

The business has a shining reputation for using the highest quality professional products to ensure clients’ alloy wheels are repaired to the best standard. Its ability to do alloy repairs efficiently, conveniently, and at a fraction of the cost of franchised competitors makes it the go-to choice for customers in a 45-minute radius.

It also offers a full diamond cut refurbishment service and a complete wheel strip and refurbishment service which involves acid bathing, shot blasting, powder coating, and painting.

This is a unique chance to purchase a highly reputable mobile business which still has plenty of scope for future growth, as the vendor currently has to turn down repair requests in other nearby areas due to to already working at full capacity.

This is a mobile enterprise and so the owner conducts business operations from their home in Lincolnshire, attending clients’ properties to fix their vehicles’ alloy wheels as requested. The business is therefore being sold on a fully relocatable basis, providing the buyer with the same chance of running a successful motor business from the comfort of their own home. However, it is advisable to stay within relatively proximity of the current location, in order to maintain the business’s strong client base.

A fantastic and comprehensive set of equipment is incorporated into the asking price, including the business’s vehicle, machinery and tools, thereby arming the buyer with everything they need to begin trading immediately. The company also has a great online presence, with a website and social media channels which showcase its excellent repair results. Additionally, the vendor can offer a short transitional period to ensure a seamless handover of business operations, if required.

This is a brilliant opportunity for anyone who wants to run a prosperous mobile business, but especially those who have prior experience in the motor industry. It would also be a highly suitable acquisition for a local enterprise operating in the motor sector which now wants to expand their business operations.

The new owner will be able to achieve further growth of the business by expanding the perimeter in which it currently operates. The vendor continually has to turn down repair requests from destinations such as Peterborough as the business is already working at full capacity. By increasing its coverage area, the business will boost its target audience and turnover figures. Nonetheless, the furthest distance required to achieve this would be a 45-minute drive, making it an easy and efficient method of growing TWS (East Midlands). To assist in this, it may be beneficial to employ a staff member to help cover this increased area.

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  • Relocatable
  • Home-based
Rent
N/A
Rates
£0
Lease Term
N/A
Lease Expiry
0
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
This business does not require an EPC

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