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Wheel Repair & Restoration Business For Sale

Stalbridge, Dorset
Asking Price:
Under £50K Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£50K - £100K
Cash Flow:
Under £50K

The business was started in 2016. The core business of the company is restoration of alloy and steel wheels together with refurbishment of components for classic cars. The company also undertakes contract work for powder coating fabricated steel parts produced by local companies.

Scope for improved trade:-
The company was setup with the latest equipment and designed from the outset to run in two open plan units with improved lighting and parking for vehicles awaiting work. I set up the company to hand over control after a six to eight month period and unfortunately the employees chosen were not up to the job.

I'm keen to help train prospective buyers, even if they do not have experience in this field.

Location
Located in near Stalbridge, North Dorset with good links to main roads and very close to companies that require powder coating.

Premises
There is parking for 8 vehicles outside the two connected units and 4 can be housed inside when being worked on. Single door access to office with twin shutter door access for vehicle access. Small loo with sink in corner.

There is a small office on entry leading into prep areas for Blasting(large Clemco system 2.5 x 1.5m, Vixen 915 Vapour blast and compact blast cab for small components).
Central area has Air flow Oven 3 x 2,5m internal, clean powder link room to airflow water wash booth.
Far side has wheel straightening lathe and 2 post 4 tonne lift with benches & storage. Also large wall with finished wheel display. There is scope for a mezzanine and a large area at the end of the unit to store tyres, waste oil and Calor Gas tank for oven supply.

Plant list summary-
Lift/ Ramp 2 post
Wheel Lathe/ Straightener
Small blaster
Vixen 915 with water recycling
Parts washer
Blast cabinet 3 x 2.5m internal, sperate pressure pot
Hydrovane 148- great for blasting large heavy steel components
Sealey 5.5hp for airline & Vixen
Tyre Fitter & Balancer
Oven-Cleanroom- Water wash booth
Powder guns- Gema Optiflex with powder box vibe table, Lacquer system with fluidizing hopper
Ultrasonic cleaner- large for critical cleaning.
Tool cabinet to house full mechanics set near ramp

Tenure- 2 options
The business is leasing two units owned by myself with annual rent of £9,200 pre annum.
If the prospective buyer would prefer to buy all the equipment and house in another location, this would be possible.

Hours of business
Currently 8.30am to 5pm

Staff
No current staff, buyer can hire in as required.

Property Information

Property:

Leasehold

Lease Terms:

Anuual lease, monthly payment

Leasehold Rent:

£9,200 per annum

Premises Details:

Steel framed construction, concrete floor, easy access to main road, quite location

Size in square feet:
2000 sq feet
Planning Consent:

Commercial, possible scope to provide a large parking area.

Business Operation

Expansion Potential:

Great potential, many local companies wanting work done

Competition / Market:

None within 15 miles, Yeovil nearest, capability and production not as good.

Reasons for selling:

I retired early, wanted to help out a couple of previous employees, but found that too much of my time was required. The company also has a great website that could be easily re listed. Seems a shame to sell of all the machinery as it's perfect for this business.

Trading hours:

8.30-5

Employees:
2 previous
Years established:
2016

Other Information

Support & training:

Help provided if buyer unexperienced.

Inventory / Stock value:
£2,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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