Newly established Car Modification business for sale
Potters Bar, Hertfordshire
- Asking Price: £119,995 +SAV
We are advised that the business generates a turnover in the region of £300,000. Full financials can be made available upon further request.
Please quote reference B06050
- Tenure: Leasehold
Please quote reference B06050
Hilton Smythe is delighted to bring to the market XXL Tinting, an extremely well-presented car modification business located at Hollies Way, High St, Potters Bar.
The business was established as a sister company to our clients repair garage, due to the high demand of the services in the area. Our client took over the lease of the premises mid-2020 and fully renovated the workshop to a very high standard, with modern décor and lighting.
The services currently offered include, Llumar tinting, wrapping and PPF.
Since the business commenced trading in September 2020, it has built up an excellent reputation, holding a 5-star review status on google and Trustpilot, customer comments include ‘Had my car window tinted today. Very nice and friendly guys, nice and clean place. They had explained to me exactly what they will do. The results were very good. Highly recommended,5 star’ and ‘Best...reliable top quality! Simply the best! Thanks, XXL tinting team!’
Our client is offering a handover to ensure the continued success of the business.
The business trades 7 days a week and generates a turnover in the region of £25,000 per month.
The current advertising is very minimal therefore there is ample scope for expansion. We feel the turnover would be increased by embarking on modern marketing schemes such as whocanfixmycar.com and creating a social media account.
The workshop unit is kept very neat and tidy, with ample workspace, parking space at the front of the premises. Our Client also advises that the premises could be converted for other uses, such as adding office space, etc.
The business would ideally suit a new owner who could build upon the foundations laid down and push the business forward. Early viewings come highly recommended.
We are advised that the business has 2 full time members of staff.
The business is currently trading;
Monday – 8:00am – 8:00pm
Tuesday – 8:00am – 8:00pm
Wednesday – 8:00am – 8:00pm
Thursday – 8:00am – 8:00pm
Friday – 8:00am – 8:00pm
Saturday – 8:00am – 8:00pm
Sunday – 8:00am – 8:00pm
XXL Tinting is located at Unit 1 Hollies Way, Potters Bar, Hertfordshire
The premises have ample car parking at the front. The Unit is surrounded by other independent businesses within the motor trade, bringing ample footfall to the area.
Potters Bar is now part of the London commuter belt and sits on junction 24 of the M25.
There are local bus links on the road with ample bus stops within a minute's walking distance.
The premises has excellent eye-catching signage and is immaculately presented throughout.
To the right of the entrance is the reception area, leading through to the workshop, which has large electric roller shutters at the vehicle entrance. The workshop is kept very neat and tidy with ample Mac tool boxes at the back.
At the rear of the workshop is the trendy waiting area with sofas, coffee table and large TV.
Adjoining to the waiting area is a storeroom/office with CCTV screens and storage system.
To the right of the workshop is the WC
Security – CCTV, Metal shutters and full alarm system
Assets included in the sale briefly comprise of -
- Hand tools
- CCTV system
- TV screen
- Website (www.xxltinting.co.uk/)
- Social media pages
- Client book
We are advised that the business is being sold on a Leasehold basis, with 4 years remaining on the current 5 year lease. The rent is £1,400 per month and the business has £0 rates payable.