_Business_
_Please quote reference B06890_
Hilton Smythe welcomes to the market Penkridge Tyre & Exhaust Service located
at Boscomoor Industrial Estate. Our clients have run the business for over 27
years, though the business has been a real labour of love for them, they are
now heading for their well - deserved retirement.
The garage offers a range of services including tyres, wheel balancing, parts,
brakes, exhaust work, engine diagnostic and servicing to name a few. Penkridge
Tyre & Exhaust Service stocks a large range of tyres including leading brands
such as Michelin, Goodyear and Pirelli.
Penkridge Tyre & Exhaust Service has an outstanding reputation and is
extremely well known locally, with a strong online presence. The customer
reviews include comments stating ‘The most amazing level of service along with
terrific value, I will never go anywhere else. Well done guys’ and ‘I won't
take my car anywhere else. They are so helpful and friendly and I always get
fantastic service at a really good price. ’
Our clients are offering a hand over period to ensure the continued success of
the business.
Reasons to buy -
* Extremely knowledgeable staff member, considered a huge asset to the company by the current owners
* Well known
* Excellent reputation
* Low overhead with affordable rent term
* Handover period offered
* Good online presence with very informative website
* High quality assets included in the sale
* Turnkey business
This is a fantastic opportunity to acquire an extremely well established
business with a huge customer base and outstanding reputation. Early viewings
are highly recommended.
The sale of the business includes the equiptment and the following -
* Office furniture
* Card reader
* Tyre shelving
* Balancer
* Tyre bay
* Trolly Jacks
* Drills
* Compressor
* Diagnostics machine
* Website
_Location_
Penkridge is a highly populated area, with fantastic road connections. The
town centre is just a short walk from the business. Running through the town
centre is the A449, this road connects Stafford and Wolverhampton. The
business is just a short drive from the M6 motorway which runs across the
country.
This is a lovely area to live and work as there is a beautiful canal just 2
minutes away. Around the area are several bus stops and in the town is
Penkridge train station, giving this area great public transport links.
_Premises_
The garage consists of 2 units on Boscomoor Lane. The frontage has excellent
eye - catching signage with ample parking. As you can see from the photos, the
garage is well presented throughout.
Service area - With 2 fixed 2 post ramps, workstations, and tool storage.
Tyre bay - With ample tyre storage and fixed 2 post ramps.
Office and reception - WC.
Security - The business is secured with a metal roller shutters and door
coverings.
_Tenure_
We are advised that the business is being sold on a Leasehold basis, with the
landlord happy to negotiate a new lease with a buyer, subject to negotiation
and approval. The rent is £936 per month.
_Hours_
The business hours are -
Monday – 08: 00 – 17: 30
Tuesday – 08: 00 – 17: 30
Wednesday– 08: 00 – 17: 30
Thursday – 08: 00 – 17: 30
Friday – 08: 00 – 17: 30
Saturday – 08: 00 – 12: 00
Sunday - Closed
_Staff_
We are advised that the business is run and managed by the 2 owners, with the
help of 1 other full - time staff member.
_Financial Profile_
We are advised as per the 2021 accounts, the business generated a turnover in
the region of £233, 000, with an adjusted net profit in the region of £77, 000.
Full financials can be made available upon further request.
_Please quote reference B06890_

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