Tyre and Exhaust Businesses for sale in Cowbridge

View the "Well-Established Repair and Tyre Specialist" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Advertising my business on Daltons was a great success. I found a buyer relatively quickly. 

Ahmed Zahir (August 2016)
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Leasehold Price: £25,000 Turnover: £82,534 Gross Profit: £36,584
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Business Description
BUSINESS
Hilton Smythe welcomes to the market Bart Motors Ltd, a very well-established repair and tyre specialist for all types of vehicles, with the added benefit of a standalone tyre fitting bay.

The business has an exceptionally loyal customer base, having been in the area for more than 18 years and are in the very enviable position of not having to advertise for business. However, if someone wanted to grow the business even further, this is an area which could be explored.

In addition, the current owner has kept his prices very low and has been slowing down (with longer holidays and less hours), due to his impending retirement, so the business has massive potential for a new hungry owner, to build the customer base and charge current rates.

The owner believes that the turnover could easily be doubled with the right person in charge with enthusiasm and drive to realise the full potential of this well-established concern.

LOCATION
Bart Motors Ltd is ideally situated on a busy trading estate close to Cowbridge, offering very good access to all surrounding areas, with Bridgend, Porthcawl and the City of Cardiff within easy reach via the M4 and major A roads.

Cowbridge is a market town in the Vale of Glamorgan in Wales, approximately 8 miles west of Cardiff, with a population of just over 4000 people. The nearby town of Bridgend has approaching 50,000 residents and Cardiff many more.

PREMISES
The premises are set within a large building covering 134 sqm, offering plenty of space for further development and expansion if required.

The site offers plenty of space surrounding having good sized yard/storage area to both the front and rear.

Large workshop area with 2 ramps, tyre fitting bay for change and repair, large reception/further workshop area with counter, seating area etc and on the first floor, good sized office, large storage area and WC.

The building is accessed via 2 full height roller shutter doors and has a good-sized yard to the front and rear with parking for several vehicles and also 5 large container units for further storage (2 owned by the business) of parts, tyres etc.

The industrial park also has the added advantage of a very good security service covering the whole site from 7 pm to 6 am Monday to Friday and 24 hours a day at weekends giving the owners great piece of mind. The current charge for this is £55 pcm.

TENURE
We are advised that the business is being sold as a leasehold opportunity on a rolling lease arrangement.

Rent is £8,400 per annum.

According to the VOA website the current rateable value is £2,950, however the business benefits from small business rate relief.

HOURS
The business currently opens:-

Monday to Friday 9:00a.m. to 5:30 p.m.

Saturday 9:00 a.m. to 1:00 p.m.

Sunday closed

STAFF
The business is currently run by the owner and 3 other full/part time members of staff.

FINANCIAL PROFILE
The accounting information shows a turnover of £82,534 for the year ending March 31st 2014 with a gross profit of circa 44%.

We are advised by our client that for the year to 2016 the turnover is around £85,000 so remains consistent.


Tenure: Leasehold

Listed by: Hilton Smythe
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