SOLD : Family Owned and Run Tyre Supply and Fit Business Bought By Local Family
Treads Tyres of Torquay has recently been purchased a local family with Beardsley Theobalds, the specialist business transfer agents, having acted for the vendors.
Established in 2000 by husband and wife, Philip and Janet Ellis, the business of Treads Tyres offers the full range of tyre services from its unit on Barton Road Industrial Estate in Torquay; fitting all leading brands, computerised balancing, precision 4 x 4 balancing, 4 wheel laser alignment and major puncture repairs.
Philip and Janet decided that it was time for a change and they chose to instruct specialist business transfer agency, Beardsley Theobalds of Exeter (01392 253071) to act for them. A national marketing campaign was conducted and the business was also advertised on their website. The business attracted interest from across The South West and from people with a diverse range of backgrounds but also with interest from many people already in the garage services industry. With several offers being submitted, the eventual purchasers were from very close to home, in fact they live just around the corner from the vendors. Mother and son team, Irene and Craig Pearson are well suited to run the business with Irene having managed a range of business and Craig having been a manager for one of the major national tyre specialists.
Philip and Janet (as well as Philip’s sister, Valerie, who looked after the accounts for the business) will be on hand for several weeks to help with a smooth transfer of their business but, between them, Craig and Irene are well equipped to maintain the reputation for excellent service that the business has established.
Irene Pearson says 'Treads will continue to run as an independent family run business and we hope to retain and build upon the excellent reputation which Phil and Janet Ellis have gained over the last few years. We are lucky to have Mark and Nathan continuing to work for us so you can always be assured of a warm welcome and excellent service. In the future we hope to be able to extend our services so please keep checking our website www.treadstyres.co.uk’.
Charles Webb, Beardsley Theobalds
Following the sale of Treads Tyres we were very pleased to receive this letter from the vendor.
Dear Mr. Roger Mundy
I choose Beardsley Theobalds to sell my business because I thought that you offered an approach that was more professional and structured that the other companies in the business transfer market.
It is unusual in my experience for firms to meet my expectations, in this case I am glad to say that Beardsley Theobalds exceeded my expectations significantly.
My advice to any buyer or seller employing the services of Beardsley Theobalds would be to listen to, read and act on their advice, for I found doing so vastly contributed to a successful conclusion.
I would like to record my thanks to Charlie Webb for his endless patience guiding me through what at times was a very difficult process and always acting with integrity, I also found him extremely polite even in the most difficult times.
8 Hutton Road