Project Tread is the opportunity to acquire a highly reputable tyre dealer and mechanics, supplying both retail customers and the commercial trade across the Yorkshire region.
The company has gained an excellent reputation for providing a high-quality service and maintains high-levels of repeat business. Management has actively maintained the levels of trade, with recent turnover at c. £1.2m. This presents a significant opportunity to capitalise on the demand within its existing client base and regional potential.
The business also benefits from several ancillary service lines which has allowed the business to diversify, offering significant growth potential to new owners.
Having operated the Business since inception, the owners are now seeking to realise their investment and retire from the industry.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2021 (Actual) | 809 | 109 |
| 2022 (Actual) | 907 | 142 |
| 2023 (Actual) | 1,105 | 202 |
| 2024 (Actual) | 1,182 | 277 |
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