← All businessesAutomotive & Mobility / Tyres & Fast-fit / Fast-fit chain
Fast-Fit Chain With Freehold Premises In The Plymouth Area
Plymouth, Devon, South WestIdentity protected
Available
About this business
A fast-fit chain based in Plymouth fitting tyres, exhausts, brakes and batteries and carrying out servicing for retail and fleet customers. It was founded in 2018, owns its premises freehold and employs 58. Turnover has been steady at around £8.45m for six years, while EBITDA has risen from £701k to £820k. Margins near 10% reflect the volume nature of tyre work. Net assets of £3.58m, including the freehold property, are well above the £2.45m asking price. A buyer gets scale, owned property and a trained team.
Key investment highlights
- Freehold property in the sale
- Net assets of £3.58m
- EBITDA up to £820k
- Team of 58
Reason for sale
The private owners have reached their planned exit point and are selling the whole business.
Nothing flagged on the two questions buyers ask first
No flagRevenue 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 directionNo flag
Turnover is flat year on year.
- 2021: baseline
- 2022 (-0.8%)
- 2023 (+1.6%)
- 2024 (+0.3%)
- 2025 (+0.4%)
- 2026 (-0.9%)
- Peak 2025 to latest 2026: -0.9%
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 8.4% in 2021 to 9.7% 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.