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.

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
View More
Leasehold Price: £23,950 Price Reduced Turnover: £82,534 Gross Profit: £36,584
Request Details
Business Description
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.

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.

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.

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.

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

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

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
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

13993 H
Seller Reference:
You May Also Like...