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Mobile Tyre Fitter With A Lean Team Based In Preston

Preston, Lancashire, North WestIdentity protected

Available

Mobile tyre fitter with a lean team based in Preston

About this business

This Preston business sends fitters to motorists, small fleets and farms across Lancashire to replace tyres on site. A team of 3 runs it from rented industrial estate space used for stock and vehicle storage. It started in 2018. Sales have dipped from £401k to £360k since 2021, but EBITDA has crept up to £60k, so the margin has improved to about 17%. As the work is done on the road, the base could move. A buyer could rebuild volume with more marketing or a second van.

Key investment highlights

  • Margin of about 17%
  • Run by a team of 3
  • Leased unit used for stock
  • Could relocate within the region

Reason for sale

The founder is emigrating with family next year.

One thing worth reading before you enquire

Worth a look

Revenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.

  • Revenue directionWorth a look

    Turnover is flat year on year but sits -10.2% below its 2021 peak.

    • 2021: baseline
    • 2022 (-1.2%)
    • 2023 (-1.8%)
    • 2024 (-4.4%)
    • 2025 (-2.2%)
    • 2026 (-1.1%)
    • Peak 2021 to latest 2026: -10.2%

    6 years of turnover, 2021 to 2026, as supplied by the seller.

  • Client concentrationNot stated

    The seller has not declared what share of revenue the largest clients represent.

    No declaration supplied. Client concentration cannot be derived from accounts.

EBITDA margin widened from 13.7% in 2021 to 16.7% in 2026.

These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.

Computing valuation...

What happens next

Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.