Tyre and Puncture Repair Business in West Sussex For Sale

Situated in a Industrial Estate, commercial area, West Sussex.

Turnover £ 10,000
Price £180,000

Features

Well Established Tyre & Puncture Repair Business


5 DAYS OPENING

IMMACULATE PREMISES, total site in the region of 3,000 ft², Concrete flooring, LED strip lights throughout. CCTV (4 cameras), roller shutter door, LPG heating.

Double glazed door to Reception area / Office

Customer waiting area.

Laser printer, inket printer, computers, monitors, electric cash register.

2 equipped fitting bays.

2 Corghi tyre changers (A2025ti), 2 Corghi wheel balancers (EM 9980 & EM8340), Compressor (Hydrovane 502) with 1,000 ltr air storage, 8 standard trolly jacks, 2 low entry jacks, breaker bars, impact guns, tyre racks, etc

Kitchen - Fitted cupboards, microwave, sink, fridge.

Customer cloakroom with toilet and wash hand basin.

Store room.

Included in the sale is a vinyl wrapped long wheel base Renault Traffic Van

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w., Sales for the 12 month period ending 13.01.25, turnover (net of VAT) £457,819 net of VAT with a Gross Profit of £133,070 (GP 29 % )

Staff

The business is at present operated and managed by a Husband & Wife team

Trading Hours

5 Day week
MONDAY - FRIDAY 8.30 am - 5 pm
CLOSED SATURDAY / SUNDAY

Tremendous potential, and demand, to increase opening hours.

Outside

Area to front and side with parking for in excess of 10 vehicles.

Large Container (20 ft) for scrap tyres

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2022 with reviews every 3 years (next review 2025) at a current rent of £21,600 p.a.

We are advised, to an approved applicant, the Landlord is prepared to grant a new lease at an initial rent of £24,000 p.a.

Business Rates from April 2024 £1,250 approx. after small busainess relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION (£30,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 90,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote