Scooter And Motorcycle Sales & Service | | Durham County Durham | | Scooter and Motorcycle Sales & Service Confidentially offered for sale Ref No: AL162 Location: Teesside Leasehold Asking price: £120,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 41470
ADVERT IMPRESSIONS : 191,755 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Motor Cycles | | SALE: | Agent Sale | LEASEHOLD: | £120000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This is a well run, all year round, family business which has been selling Scooters and Motorcycles up to 125cc since 2002. The business sells a number of well known brand names in its showroom with circa 35 mainly new on road and off road bikes on display.
The business retails clothing and accessories and also has a service and repair department, which at present is rented out to a local self employed mechanic who works closely with all their servicing and repair requirements.
This opportunity has excellent potential for someone wanting to start off their own small business. There is limited competition in the area and the current owner is selling the business with all assets and stock included in the sale price. This is an excellent opportunity for someone with a passion for bikes to take advantage of the sound footing that the owner has built for this company and take it forward to the next level.
Equipment:
The company has all the necessary equipment needed for the servicing and repairs of Scooters and Motorcycles including tools and tooling. This side of the business is rented out at present to a self employed mechanic who does all of the servicing and repairs for the business.
Key Strengths:
This is the only Scooter and Small bike retailer in the local area and has a good selection of household named brands in stock with circa 35 new and used bikes in the showroom. A new separate showroom for accessories has just been opened with a wide selection of leathers, jackets and helmets to choose from.
Growth and Expansion:
The vendor now wishes to retire and he has suggested that sales would increase by keeping a wider and bigger range of bikes and accessories in stock.
The company owns its domain name but as yet they have not developed their own website. Many other UK retailers have benefited enormously from on line sales and this is definitely one area that could and should be targeted.
There is potential for extra income with a small investment the upstairs could be easily converted into an extra revenue stream.
Employees:
The owner runs the business himself with the self employed mechanic looking after all of the sales and repairs.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover is forecast circa £329,000 with forecast Net Profits of circa £31,000.
Reason for Sale:
The vendor of the business has decided that now is the right time to take life easier and take early retirement
Support and Training:
The owner would be happy to help with a smooth transfer of the business in any way possible.
| | | | | | FOR SALE | | | | | REFERENCE: | AL162 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
