Sold. Unique Motorcycle Leasing Company With Exceptional Growth Opportunities

Unique Motorcycle Leasing Company with exceptional growth opportunities


Ref.AM148
Location Relocatable
Offers Invited

After over 30 years in the vehicle leasing business, the vendor of this well regarded and profitable business saw a gap in the market, and an opportunity to utilise his passion for motorcycles to open a new business in the marketplace to exclusively focus on the leasing of motorcycles only to corporations, small businesses, and the public sector. Due to the speciality of the pricing, maintenance and the future market value of motorcycles compared to other vehicles, the major leasing firms have tended to shy away from the sector, keeping to their economies of scale and their standard terms. Although this business was established in 2001, and has proved profitable with excellent growth, the competition has remained away from the niche, leaving the company with a unique business proposition and limited competition.

Currently the business has a fleet of around 30 bikes on lease, which has been slightly lower than in previous years due to enforcing tighter credit terms on potential customers. The business can offer some customisation facilities of the bikes, which is particularly attractive to some of the key public sector clients such as the Police and NHS. Most leases include a specialty maintenance package, which caters for customers needs over the duration of the lease. These maintenance packages have been developed in-house with market knowledge and bespoke software quoting systems that competitors simply do not have. It is due in some part to these fully maintained agreements that there are high levels of customer satisfaction and there is still minimal competition 9 years after establishment. In recent years, the management of the company has also bolted-on insurance packages to the maintenance agreement to cover personal and equipment protection.

The business has outstanding relationships with the dealer networks of key manufacturers such as BMW and Honda, providing not only access to a wide range of motorcycles, but also a great flexibility of service and delivery timeframes.. The business is currently operated from a home office and is fully re-locatable, allowing for a straight forward transition to new ownership.

Expansion Potential
With such a unique position in a large marketplace the business is very well placed for organic growth through further marketing and business development to build the client base nationally, with a comparative increase in staffing levels. Alongside this the company has incredible growth potential due to the environmental attractiveness of motorcycles compared to other vehicles and their lower carbon footprint. With further investment in working capital to support an expanded fleet, the business can not only increase the client base from employees looking to opt-out of company car schemes, but also to the private individual looking to lease a bike, and the shorter term hire business