| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 5,250 TIME(S) BUSINESS REFERENCE : 8809 NN / RightBiz 8809 NN-NORTHAMPTONSHIRE-£199,950/£595,000-FREEHOLD MOTORCYCLE SHOWROOM WITH MOT CENTRE | | | | | | FREEHOLD MOTORCYCLE SHOWROOM WITH MOT CENTRE NORTHAMPTONSHIRE REF: 8809 NN ASKING PRICE: LEASEHOLD: £199,950 + SAV FREEHOLD: £595,000 + SAV | | | BUSINESS LOCATION: | Undisclosed Northamptonshire UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Motor Cycles | | SALE: | Agent Sale | FREEHOLD: | £595000 | LEASEHOLD: | £199950 | | | | | | | | | | | BUSINESS DETAILS: | Advent Business Sales is delighted to offer
for sale this exceptionally well established
business that has been trading successfully
and profitably over the last 33 years.
The current vendor’s have been in ownership
for the past 3 decades and have been at the
current location for 29 years.
Our client has a superb reputation within
the biking industry and has the benefit of a
Kawasaki main dealership.
The owners retail new and used Kawasaki
motor bikes as well as all types of other used
motor cycles.
The business conducts 3 – 4 MOT’s per day
Monday to Friday and one MOT every half
hour on Saturday’s. Repairs and servicing
are also conducted regularly.
All motorcycle accessories such as helmets,
gloves, jackets and trousers are also retailed
with a well stocked area.
Customers arrive from many parts of the
country as well as from as far afield as
Scotland.
The MOT side is so busy that the vendor is
continually turning work away. There is
huge potential to conduct many more
MOT’s. Stock at cost is in the region of
£80,000.
The business is staffed by the two owner
vendors, two full time staff and one part
time book keeper.
The owners are willing to sell the business
with the freehold including the two bed flat
for £595,000 + SAV or are willing to sell the
business only at £199,950 + SAV at an
annual rental of £20,000 per annum. (The
flat can be made available if required by
separate negotiation).
The business is fully equipped with specialist
tools for repairs and servicing, two ramps
and with full computerised MOT facilities.
TRADING HOURS
Mon, Tues, Thurs, Fri 9am – 6pm
Wed: 9am – 1pm
Sat: 9am – 5.30pm
Sun: closed
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £473, 405 (EX VAT)
Gross Profit: £154,882
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
The freehold premises occupy a prominent
corner position. It briefly consists of:
Basement
Storage area
Ground Floor
Main showroom
Lock up workshop
Office area
A three room (former terrace property)
accessory sales shop
Two small rooms
Two large lock ups
First Floor
2 bed self contained apartment
maintained to a good standard
External
Parking area large enough to
accommodate approx 10 cars
TENURE: Freehold
Or leasehold at £199,950 - terms to be
negotiated (flat available separately)
Rent: £20,000 pa
We are advised that the annual business
rates are currently: £5000
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office. | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 8809 NN / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |