SOLD : Specialist Supplier of Alternators, Batteries, Starter Motors, Batteries & Electrical Components
New owner for vehicle component supplies business
Alter-Start based at Heathfield, near Newton Abbott was set-up in 1993 as an additional branch of a business established in North Devon by Tony Saye. The business is a supplier of alternators, starter motors, batteries and electrical components for cars, commercial vehicles and boats. As well as having an excellent base on the industrial estate the business offers a delivery service within a radius of around 25 miles.
With a good name and reputation and with trade customers accounting for 90% of the customer base the business has been able to rely on regular trade from its existing customers.
However, staffing issues meant that for the last couple of years Tony Saye was having to commute from his home in north Devon to Newton Abbot three times a week to oversee the business. Due to the travelling proving unsustainable Tony decided to offer Alter-Start (Heathfield) for sale. He chose to instruct Exeter based specialist business transfer agents, Beardsley Theobalds to offer the business for sale. The business was advertised on the leading websites within the business transfer industry as well as Beardsley Theobalds’ own website and they conducted a mailshot to their register of people looking to buy businesses. Many enquiries were made on the business and it soon caught the eye of Oliver Werrett from mid-Devon. With Oliver’s employment demanding a lot of travel and being away from home, he was looking to have his own business which would mean he would be able to spend more time with his young family. Keen to secure the business for himself against many other keen buyers Oliver put in a strong offer and also placed a deposit for which he was granted exclusivity whilst the legal side of the transaction was carried out.
This is an example of the diverse range of businesses offered through Beardsley Theobalds. For a full list of businesses currently available and further information for both purchasers and vendors, please telephone 01392 253071 or visit their website at www.beardsleytheobalds.co.uk.