Intelligent Business Transfer are excited to offer to the market this exciting opportunity to purchase a profitable Tyre Garage business that sits on the well passed A64 main road that connects Leeds to Scarborough via the city of York.
The business has an efficient location which combines a practical workspace with a commercial location; this allows for a range of customers for the business. The business specialises in tyre repair and replacement and is able to work competitively against main dealers for all tyre ranges from budget to premium.
The business was established over four years ago at its current site by an experienced owner who has recently upsized the unit within the same site. This unit has been developed to include separated waiting and tyre storage facilities. There is further potential to develop this space into a multi-purpose workspace and MOT testing station. The unit is high enough to house Class 7 Commercial testing – something that is scarcely available in the city.
Due to strong relationships with national and specific local suppliers, the business is able to buy stock in bulk and utilise economies of scale in order to return strong gross margins. As a result of this the business can easily demonstrate strong adjusted net profit. The leased garage could be excellently ran as an owner operated business; it would also certainly be expected to excel if purchased as a bolt on acquisition.
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