Award Winning Motorcycle Sales / Servicing Shop For Sale | | Undisclosed Lincolnshire | | Modern, purpose built motorcycle shop benefiting from on site parking with scope for further expansion. Having an enviable reputation and located at the centre of a popular biking community. A total "turn-key, trade from day one" opportunity. Freehold to buy Award Winning Motorcycle Sales / Servicing Shop For Sale is located in Lincolnshire. | | ADVERT NUMBER : 51192 ADVERT IMPRESSIONS : 20,966 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Motor Cycles | | SALE: | Private Sale | ASKING PRICE: | £84950 | FREEHOLD: | £59950 | | | | | BUSINESS DETAILS: | LOCATION
This award winning business with impressive purpose built unit is located at the centre of a popular biking community in East Midlands, with easy access to the nearby cities. It is ideally situated on a modest sized business park; the unit offers free onsite parking, showroom, workshop, storage area and disabled facilities.
THE BUSINESS
This freehold business is the only independent, purpose built motorcycle business in the town, incorporating 1000 sq ft. Selling good quality secondhand motorcycles, service items, premier quality clothing for both ladies and gents, helmets and accessories. There is something to suit a variety of tastes and budgets. There is also a fully functional workshop for servicing and repairs. Established in 2007 the business has won an East Midlands award for Young Business of the Year 2009 for the high quality of work. It has also featured in National publications and can be said to punch above its weight. The current owners reputation, has resulted in an excellent following of bikers who return again and again. The new unit enables the company to offer a unique service, providing ideal and easily accessible facilities including free car parking and disabled access. Subject to planning the business could easily be extended to further expand business opportunities such as MOT tests. In August 2007 the new premises was opened with customers advising that the business was just what the town needed, saving people having to travel further afield. The business is now being offered for sale due to the owners desire to concentrate on more personal projects. The new owner does not necessarily need to have any experience but it may be an advantage. The owners would be more than willing to assist the new owner with a smooth transfer if required. The business prides itself on the high quality of service offered to its clients which include a local bike magazine publisher and personnel from the many RAF bases in the region.
EQUIPMENT & VEHICLE
Included in the sale are all fixtures and fittings, along with equipment and fittings in the workshop. This is a total “turn-key, trade from day one” opportunity. A full list of equipment will be supplied for any seriously interested parties who will be asked to sign a confidentiality agreement. Vehicles included are a 52 plate Iveco panel van (2800cc) which is ideally set up for the easy transportation of motorcycles together with a range of quality second hand motorcycles.
SECURITY
The unit is fully secure with grills and posts together with a high quality alarm system which is connected to Redcare. There is also CCTV.
ADVERTISING AND MARKETING:
The company has a webpage created by Biketrader whereby all motorcycles are offered for sale. Regular advertising throughout the year takes place in the local RAF bases magazines. The owners regularly attend bike events in the region to further raise the profile of the business. The business also benefits tremendously from word of mouth recommendations.
KEY STRENGTHS:
• Excellent working relationships with customers and suppliers.
• Repeat business and solid customer base.
• Situated in the heart of a large motorcycle friendly territory.
• Modern and clean premises. On site parking facilities
WINTER TRADING HOURS Tues-Fri 9.00am – 5. 30pm Sat 9am-4pm
GROWTH AND EXPANSION POTENTIAL:
. The business would lend itself perfectly to anyone looking to invest into or acquire a well established and respected motorcycles business.
• Scope to increase existing sales range.
• Opportunity for further growth by extending the premises to develop further servicing facilities / MOT Bay.
• Whilst the business currently has an extremely valuable presence via Biketrader for the sale of all its motorcycles, there is an opportunity to create and develop a valuable web presence for the sale of “on-line” sales of clothing and accessories. This situation makes this an ideal investment opportunity and business acquisition.
FINANCIAL INFORMATION
The business is being offered for sale as a going concern “turn-key” opportunity, all financial discussions will take place directly between the seller and all interested parties. The business has low overheads and has shown a growth in profits. The current Turnover is circa £110,000 per annum. Accounts will be made available to interested parties after a viewing has taken place. The owner would be happy to help in any way possible to assist in a smooth transfer of the business.
BUSINESS PREMISES
As stated previously the premises were purpose built in 2007 and opened in August 2007 and is freehold - 1000sq ft in total and comprises –
Ground Floor Sales area incorporating reception area
Workshop
Men / Female / Disabled w / c / changing room
First floor, Storage area.
External There is space for a number of cars or motorcycles to park to the front of the building
TENURE
Freehold
Rates: The business currently enjoys Small Business Rate Relief
NOTE: The seller is prepared to either sell the business as a going concern or alternatively would consider just the sale of the freehold premises for a sum of £59,950. The purchase price will be subject to VAT
DISCLAIMER: These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by the sellers. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |