Profitable Motorcycle Dealership Near Heathrow in Feltham, London for Sale
Feltham, London
- Status
FOR SALE
- Date Submitted:
02/07/20
- Advert ID
260533
- Leasehold: £450,000
- Rent: £18,000
- Turnover: £962,000 (£18,500 Per week)
- Net Profit: £300,000 (32% Profit margin)
Key Features
- Prime Location
- Fully Fitted
- Small Business
- High Turnover
- Owner Financed
- Company for Sale
- Adjacent to Multiple Retailers
- New Lease
- Accounts Available
- Free of Tie Leasehold
- Town Centre location
- Retirement Sale
- Close to Local Amenities
- Attractive Business
- Established Business
Business Details
Motorcycle dealership for sale near Heathrow
To put the record straight, yes this advert was originally put up in 2020 before covid. It was then left to lapse and re posted again February 2023.
We are a very busy and profitable business with six full and partime staff. We are a full KTM Dealer selling the full range of road and off road bikes. A full Suzuki dealer selling all Suzuki motorcycles and scooters. We are also a Peugeot scooter dealer and also a Zontes dealer. We also have a dyno and three work ramps in the jam-packed workshop. The business has gone from strength to strength in the ten years it has been running and is still growing.
In the last year we have turned over £900'000. The business has never had an overdraft, pays for 90% of everything as it goes and has money in the bank.
We service all makes of motorcycles and scooters and provide parts, repairs, tyres for all. The workshop is busy all year round due to our location as we have a lot of commuters, delivery riders and airport staff as customers who ride all year.
The shop has over £120,000 in stock, including parts, accessories, clothing, helmets, oils etc.
The business is located in two shop units with full KTM and Suzuki signage. New leases will be negotiated for the new owners with the very amiable and supportive landlords.
The sale will include everthing for someone to just walk in and carry on trading and earning from day one.
There is plenty of potential for this business to grow with a new enthusiastic owner at the helm. The new website costing £10,000 has an integrated web shop that has massive potential but it is not being utilized at present.
Due to its success the business is constantly being asked to take on new products and franchises.
The business does run without me being there with the great staff that is in place, but it is time for me to retire and spend more time with the grandkids.
Please feel free to ask questions. Serious enquires only and please no silly offers. I make a very good living out of this business, but like I say retirement is calling.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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