Mailbox Estates present a unique business which is highly profitable located in the heart of Walsall offering a Top Valeting service, Alloy Wheel Refurbishment and brand new and part worn tyres.
Our clients have built a loyal customer base through exceptional service, attention to detail, and commitment to delivering results that exceed the customers' expectations. Some of the customers include the local community, luxury car owners, and other high-net-worth individuals who demand only the best for their vehicles.
The operation is highly attractive to any buyer looking for a profitable and growing business in the car valet industry.
Reason for sale: * After ownership since 2015, our client reluctantly sells due to family commitments.
The Opportunity * Stock included * Turnover in excess of £240,000 per annum * Located in a Busy Commercial Estate * Uses the Latest Techniques and Equipment * Rated 5* on GOOGLE REVIEWS * Highly Experienced and Dedicated Staff * Profitable and Growing Business with low overheads!
Turnover * We are advised that the weekly sales are £5,000 - £6,000 per week on average. * The split being 50% of car wash sales and 50% tyre sales.
Tenure: *The site is offered for sale with a new lease of 5 - 20 years.
External *Secure gated premises with three shutter system for safe storage of the tyre stock.
Internal: * Office * Staff WC * CCTV
Rent: * We are advised that the rent is £800 per calendar month and is anticipated to be £1,000 per calendar month from 2024.
Staff * There are 7 members of staff. * 5 Staff work 6 days * 2 staff work 4 - 5 days
Expenses * Electric Approx. £240.00 Per month * Water Approx. £150.00 Per month
Business Hours Monday - Sunday 9:00am - 6:00pm
Business Rates: * £0 per year. ( small business rates relief ) * Purchasers should enquire with relevant local authorities to confirm the rates payable.
Fixtures and Fittings * The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price as well as the customer database.
Legal costs * Each party to be responsible for their own legal costs in connection with the sale. * Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.
Trading Information * Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.
Viewing arrangements: * Mailbox Estates highly advise early viewing to avoid disappointment. * Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF.
DEPOSIT * Once an Offer has been accepted the successful buyer/s are required to pay a deposit to secure the sale, and is held in protected client account.