• RANGE OF TRACK PRODUCTS MAINLY FOR HONDAS
• SALE INCLUDES ALL DESIGN TEMPLATES AND DRAWINGS
• LASER CUTTING AND POWDER COATING SUBCONTRACTED
• INPUT LARGELY LIMITED TO FOLDING AND DRILLING
• VERY PROFITABLE AND SUITABLE TO BE RUN FROM HOME
The business is currently run from a light industrial unit in Plympton, Plymouth as part of a much larger operation but is offered for relocation.
This most interesting business was developed by a father and son team as a sideline to their motor engineering business in late 2013 and has now been trading successfully for 2 years.
A small range of aerodynamic car parts have been designed mainly for Honda models initially and these are offered on-line via the business website (www.stuke.co.uk) and via an Ebay shop. The range includes winglets (the most popular product), rear diffusers, air diffusers, under trays, splitter lips, side skirts, a brace bar and sun roof delete plates, all supplied ready to fit by the vehicle owners themselves.
A locally based laser cutting company supplies the aluminium and cuts the products to the design and cutting template and the items are then sent for powder coating before returning to the workshop. The vendors input is limited mainly to folding and drilling before the items are packaged for despatch in response to on-line orders.
The sale includes the trading/brand name, website, all design templates and drawings, a folding machine and rivet gun. Full details of individual product line sales and profit margins are available and profit performance is very strong with limited owner time input. This business is eminently suitable to be run from a domestic garage or small workshop and is offered for relocation. There is also the opportunity to develop the range across a wider number of vehicle marques.
The business commenced trading at the beginning of 2014.
Please note that if a business is VAT registered, all figures exclude VAT.
Sales of £50,482 were reported for the year ended 31/12/15 (up from £48,649 in the year ended 31/12/14).
The business delivered a gross profit of £33,155 (65% of sales) in the year ended 31/12/15, the cost of sales including all the metal supply, laser cutting and powder coating costs.
The customer covers the costs of delivery and with negligible overheads involved in the business beyond the Ebay listing costs, a new owner can expect to derive an excellent return for a modest time commitment.
REASON FOR SALE:
The vendors have developed another new and entirely unrelated business idea which fits well alongside their current specialism and they wish to sell the aerodynamic car parts business to provide the finance to bring their new idea to market.
The business has been operated by the partners themselves without the assistance of any employees.
Business only for relocation.
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