Sold

Well Established Tyre Specialist For Sale

Bristol, Gloucestershire

• Asking Price: £375,000 +SAV
• Turnover: We are advised the business generated a turnover of circa £640,000 as of 2020. Further financial information can be made available upon request.
  
  Please quote reference B06219
  
  
• Tenure: Leasehold

• Overview
• Location
• Premises

Please quote reference B06219

CoGoGo is delighted to present to the market Thornbury Tyres, a highly renowned tyre replacement business enjoying consistent increase in both turnover and profit levels.

The ‘Turn-key’ business opportunity has been in our clients’ hands for over 25 years and has now been made available for sale due to their wish to now retire.

The garage offers a comprehensive range of services to any vehicle including -


• TYRE REALIGNMENT
• MOT
• SERVICE
• VEHICLE SAFETY CHECKS
• INTERIM SERVICE
• GENERAL REPAIRS
• BATTERY SERVICING
• BRAKE PAD REPLACEMENT
• FULL SERVICE
• EXHAUST SYSTEMS
• WINTER TYRES
• ADBLUE TOP UP
Our client admits they currently carry out no advertising for the business, all workload is carried out to existing customers or word of mouth.

We recommend any new owner, to look to add any of the following areas to further boost the excellent turnover levels -


• New website - with online booking system
• New social media presence - including active Facebook page
• Local leaflet drop - many new housing developments in the area
• Roadside repair service
Very rarely do garages in this area or standard come onto the open market and we therefore strongly recommend early viewing to avoid disappointment.

Key selling points -

 


• 7/5 Google review score
• Low stock level - receive 3 tyre deliveries per day
• Opportunity to increase turnover to £1m
• Handover period offered
• Very loyal trained team in place
• Excellent level of included equipment
• Low running costs
• Zero business rates payable
• Enviable location
Equipment included -

1 x ramp Bradbury 1 x ramp Tecalemit

1 x Hoffman Mega Plan 603 Tyre fitting machine 1 x Hoffman Mega Plan 503 Tyre fitting machine

1 x Hoffman Mega Spin Balancing Machine

1 x Super Tracker machine

Compressor   Mig welder   Bottled gas   Coil spring compressor    Vice  

All Tyre racking, 6 x Trolley Jacks, 2 x Air guns, Launch Diagnostic machine, Valve TPS programmer

M O T Tecalemit Rolling Road, Light tester, Gas analyser, Decelerometer

Citroen Berlingo van also included

Reception -

4 x Chairs, Coffee Machine, Electric fire, computer, printer, screen, keypad, telephones.

Upstairs office -

3 x Desks, 3 x Computer Chairs, 3 x full length cabinets, Electric Fire, Computer, Keypad Screen, Photo copier/printer, M O T Computer, Printer, Screen, Keypad, Hoover, Phones.

Tea room - 

Fridge, Kettle, Microwave, Table and Chairs.


Thornbury Tyre Services occupies a prominent trading position on Midland way, just on the outskirts of Thornbury town centre.

The garage is surrounded by destination businesses such as Tesco, Screwfix, Royal Mail, Kwik Fit, Thornbury MOT centre, Marks & Spencer as well as having a close proximity to Thornbury Golf Centre and Dobbies Garden Centre.

The area enjoys very high footfall due to its close access to both the A38 and M5 motorway.

Thornbury is a very desirable market town in the county of Gloucestershire, located just 12 miles from Bristol.

There is free car parking space on site.


Front External -


• Available parking for 4-5 cars
Internal Area -


• Customer waiting area
• Reception desk
• Main Workshop - ability to work on 6 cars
• Staff kitchen area
• Mezzanine office