Extremely Successful & Reputable Alloy Wheel Repair Centre for Sale

Erith
REF: INT2484

Asking Price:
£165,000
Annual Turnover:
£281,009
Annual Net Profit:
£45,801
REF: INT2484
Photo of Extremely Successful & Reputable Alloy Wheel Repair Centre for Sale
Photo of Extremely Successful & Reputable Alloy Wheel Repair Centre for Sale
Photo of Extremely Successful & Reputable Alloy Wheel Repair Centre for Sale
Photo of Extremely Successful & Reputable Alloy Wheel Repair Centre for Sale

Overview

Tenure:
Leasehold
Established:
2019
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Well Equipped Business
  • Equipment Included

Now on the market is an extremely successful and market-leading alloy wheel centre that is a market leader in diamond-cut alloy wheel repairs.

Customers travel as far out as Manchester and Birmingham and have included celebrities who are attracted by a brilliant service and specialised 10-point process that is far superior to competitors. They have a large number of repeat customers who are a testament to the quality of the service and unique process provided.

The business has invested heavily in technology to provide a wheel repair service that is second to none, providing an extremely high-quality service that can’t be over-estimated.

Boasting an impressive 13,000 followers, success has grown largely off the back of their thriving Instagram presence with service provided not just to end-user customers but also a significant number of local garages and accounts for local motor traders.

The alloy repair centre is located in a highly-populated business park in South East London, expanding over two units. Each unit is approximately 1600 sqft, with space in each unit for 3 cars, housing 6 cars in total.

Unit 1 has 2 years remaining on the lease, with a mezzanine for storage and a floor ramp. Unit 2 has 3 years remaining on the lease, with an office and kitchen. Both units have electric shutters and the estate has CCTV with padlocked gates that give access to owners only between 7 PM – 7 AM, ensuring the safety of both units.

The centre has 3 full-time and 1 part-time member of staff which are all highly experienced, including a full-time manager, with a high level of autonomy and the vendor only attending the site on a part-time basis.

There is scope for expansion of the business as it currently only operates during the hours of 8 AM – 5 PM Monday to Friday, with the potential to open weekends and into the evenings.

The repair centre can deal with around 30 wheels in one day, however, they are not operating at full capacity so there is large scope to expand.

With customers travelling from further afield to take advantage of their superior service, there is scope for a new potential buyer to open further branches of this extremely successful business across the UK.

Features

Key Information

  • Number of Ramps: 1

Reputation

  • Google: 4.9

Online Presence

  • Facebook: Yes
  • Twitter: Yes
  • Instagram: Yes

Website: www.diamondcutawc.co.uk

Location

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  • Close to Local Businesses
  • On-Site Car Parking
  • Limited Competition

Property

Annual Rent
£55,600
Annual Rates
£12,000
Lease Term (Years)
3
Lease Expiry (Year)
2024
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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