| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 16,920 TIME(S)
BUSINESS REFERENCE : GM008 / RightBiz CRUISER BIKES ACCESSORY SHOP | | | | | | Cruiser Bikes Accessory Shop Confidentially offered for sale Ref No:GM008 Location:South Wales Asking Price £90,000 | | | BUSINESS LOCATION: | Undisclosed South Glamorgan UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Motor Cycles | | SALE: | Agent Sale | LEASEHOLD: | £90000 | | | | | | | | | | | BUSINESS DETAILS: | The business was established on 2004 by the present owner and was established to service the needs of the growing number of motorcycle enthusiasts who support the Japanese Cruiser Bike Market.
The business only deals in the quality end of the accessory market and the retail outlet carries a literally hundreds of items such as badges, clothing, saddle bags, helmets, boots, handle bars, grips, jewellry, gifts, bandannas, belts, T shirts, service equipment and licence plate holders to name but a few.
Growth and Expansion:
This sector of the motorcycle industry is a growth market. The availability of a shopping trolley on the web site would generate additional turnover and a dedicated marketing budget providing a consistent presence in key journals would also grow revenue.
Employees:
The owner runs the business
Advertising and Marketing:
The business advertises in selected magazines and has a presence in the Yellow Pages and Thompson Directory. In addition to this the company attends trade shows and bike rally’s that impacts on revenue streams and raises general awareness about the shop. There is also a web site, which has a comprehensive search facility.
Premises:
The premises are located on the high street of a small town in South Wales. The double fronted shop is subject to a full repairing lease at a cost of £7140:00 per annum. The present agreement lasts until 2010.
The shop is extremely well appointed with a good selection of high quality glass display cabinets, racking and shelving which maximises the available space extremely well. Separate rooms contain clothing displays and a changing room. To the rear of the premises is an additional lounge area and an office, which is rented out to a tattoo artist. At a rent of £100:00 per week.
Business Hours:
N/A
Security:
The premises are alarmed and benefit from window bars
Financial Information:
Full financial information will be made available under the auspices of Turner Butler and subject to the normal l;etters of confidentiality being in place. The business has a turnover in the region of £117,000 with a gross margin circa £47,000. Net profits are around £20,000.
Support and Training
The owner is very keen to see the business continue to thrive and would be willing to remain with the business for an agreed period to ensure a smooth handover. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | GM008 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
