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Farnworth - Tyre Fitting For Sale

Farnworth, Greater Manchester
Asking Price:
£60,000 Furniture / Fixtures included
Sales Revenue:
£73,991
Cash Flow:
Available on request

Established Since 2012
Annual Turnover £73,991 Audited
Gross Profit £23,025 Audited
New Lease Negotiable
Close Links to the Motorway
EPC - D

REF 5875 – Leasehold Tyre Fitting Specialists

Blacks Brokers are delighted to bring to the market this leasehold tyre fitting specialists located in the town centre of Farnworth, Greater Manchester.

INTRODUCTION

Egerton St Tyres Limited has been trading from on Egerton Street since 2012. The business offers a highly specialist tyre fitting and repair service and has firmly established itself within the business sector in this area of Farnworth, mainly through word of mouth and recommendations with a large base of customers and a most envious reputation. Services include: wheel alignment, balancing, tyre supply and fitting.

LOCATION

Close to the junction of Mosesgate and Bolton Road with Egerton Street, the business occupies an excellent trading location with good links with the A666 and M61. This area is highly populated both residentially and commercially.

REASON FOR SALE

Egerton St Tyres is only being offered for sale due to our client’s other business commitments.

LEASE

A new lease will be fully negotiated as part of the business sale, it will run at a cost of £100 per week for the tyre bay and £200 per week for both the tyre bay and service bay.

BUILDING LAYOUT AND DESIGN

Egerton St Tyres is housed within a large, detached property on a busy junction. The business is well branded with large and striking signage displayed to the front and back of the building. The tyre bay fronts on to a forecourt leading onto Egerton Street – this is one large, double size bay with fully equipped workshop. The service bay fronts directly onto Egerton Street, a single bay with workshop area and adjoining toilet.
All areas are presented well with good quality fixtures and fittings. Equipment is of good quality and well maintained.

STAFF

Egerton St Tyres is currently operating with two, full-time members of staff in place.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Egerton St Tyres has traded solidly over its trading history. The business generates an annual turnover of £73,991 with gross profits of 23,025. There are zero rates payable.

SUMMARY

This leasehold business is well-established and occupies an excellent trading position. The business delivers consistent weekly takings with good profits, yet the business offers much scope for further development of the tyre sales side of the business and the addition of further agency fitting deals which are on offer in this area. The business will suit a knowledgeable, hands on owner with the ability to push this excellent business forward further. However, it may also be of great interest to a similar business looking to expand into this area. Viewings are strongly advised as soon as possible.

Property information

Property:

Leasehold

Business Operation

Trading hours:

Mon - Sat - 9am - 6pm
Sun - 10am - 5pm

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