Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Business For Sale. Award Winning Motorcycle Main Dealership Sales (new And Used), Servicing, Spares, Accessories, Mots
LISTING DETAILS
Firms For Sale ID:
25163
Vendor reference:
AM132
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£100,000
Turnover / revenue:
£1,800,000
Net profit / cashflow:
Undisclosed
Years established:
22
Trading hours:
Monday - Saturday: 9am 6pm
Number of employees:
9
Employees / staffing:
There is a high level of continuity of quality staff within the company, which ensures maximum customer confidence, and a high level of customer service. The employees have developed long established relationships with clients and suppliers alike. The owner recognises that the key to success for any business lies with the personnel and to this end the company has a motivated and skilled workforce of 8 staff who feel that their contribution is appreciated and valued.
All of the employees are carefully trained to assist customers with friendly, knowledgeable and practical advice, and pride themselves on delivering outstanding customer care at every step. The strength of this company lies with its professional committed workforce.
OTHER DETAILS
Reason for selling:
Having spent the last 20+ years in the industry and the most recent 10+ years developing this fabulous business, the current owner now seeks a lifestyle change which will enable him to indulge personal interests and passions. The current owner also recognises that the business is perfectly poised for substantial growth under the stewardship of a pro-active owner with fresh energy and drive.
Support and training:
The current owner will assist fully with the hand-over of the business to ensure continuity of trade and profitability and current stock will be offered at cost value.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from leased premises of circa 7,500 sq. ft, over three floors, which are situated in a highly visible location. The lease expires in 2019. Annual rental is circa £47,000, with rates circa £16,000 per annum.
Please note: The rental includes an adjacent car lot (including valet bay), which is sub-let for £8,500 per annum plus rate.
BUSINESS DESCRIPTION
Award Winning Motorcycle Main Dealership Sales (New and Used), Servicing, Spares, Accessories, MOTs & Clothing
Ref.AM132
Location East Midlands
Asking price: GBP 100,000
Plus Stock at Value circa GBP 500,000
The Dealership was established in 1989 and has since grown in size and stature to become one of the Midlands pre-eminent award winning retailers of fine pedigree new and used motorbikes. Perfectly located and operating from purpose designed and refurbished premises which possess a lovely clean and modern image, as well as high visibility and impact for the high levels of passing trade in this main arterial road position, the business specialises in the sale of Sports / Super bikes, clothing, accessories, parts, MOTs, services and repairs from its three floor showroom/ workshop/ offices premises, along with the sale of scooters, used motorcycles, associated parts and servicing.
This Dealership is renowned for its commitment to excellence and prides itself on the precision workmanship of its mechanics.
This business has been awarded National Dealer of the Year by two of the most highly regarded, desirable and respected motorcycle manufacturers in recent years, in addition to: National Service and After Sales Dealer of the Year, and have consistently met and surpassed dealer standards throughout and since.
The business has a large and exclusive geographic territory secured from a number of world renowned suppliers. The businesss dedicated team of staff consists of skilled, qualified and efficient technicians who share a common passion for 2 wheeled vehicles, The businesss full time mechanics provide clients with expert and meticulous motor bike servicing, ensuring their prized possessions receive unrivalled attention. This 5 star quality service attracts buyers who in some instances travel across Europe to avail themselves of the expertise on offer.
The Dealership also has a successful clothing, accessories and memorabilia department. The huge range of premium quality clothing includes helmets, leather suits (one and two piece), jackets, pants, gloves and boots from top name brands which produce superb protective gear that is also beautifully tailored and features cool styling. There is brand name sports and casual wear for him and her and even a comprehensive range of kiddies gear too.
Expansion Potential
Scope to increase existing sales range.
Opportunity for further growth nationally and within international markets and room to expand a well known existing business.
Excellent opportunity to develop n-linesales of clothing and accessories.
Scope to further develop servicing facilities.
Market / Competition / Non-Competition Agreements
The company is highly regarded within the world of biking and subsequently most of its business has historically come via word of mouth which is naturally also the most cost effective route to market.
However, the company has developed and maintains a highly attractive, interactive and easy to navigate Internet website, along with advertising in MCN.