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FREEHOLD Motorcycle Dealership Manchester

Oldham, Manchester
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FREEHOLD Motorcycle Dealership - ManchesterFREEHOLD Motorcycle Dealership - ManchesterFREEHOLD Motorcycle Dealership - ManchesterFREEHOLD Motorcycle Dealership - ManchesterFREEHOLD Motorcycle Dealership - Manchester
  • Freehold: £650,000
  • Turnover: £1,703,326 £32,756 Per week
  • Net Profit: Not Applicable

Business Details

    Used Motorbikes Dealership - Established 1990's

    Sale Price is For 'FREEHOLD and Business'

    Large Forecourt in Prominent Position

    Building 4233 sq/ft Floor Space - Workshop/Showroom

    Year End Annual Accounts to 31 October 2021

    Annual Revenue to 31 Oct 2021 £1,703,326

    Gross Profit (Y/E 31 Oct 2021) £215,958

    Full Financial Information Available Upon Viewing

    Floor Plans Available For Property

    Close To Manchester City Centre

    Prominent Main Road Trading Position

    Large Car Park/Forecourt To Front

    Fantastic Online Reviews

    Retirement Sale

    EPC - C

Description:
REF 6715 – Freehold Motorcycle Dealership
Blacks Business Brokers are pleased to bring to the market this freehold motorcycle dealership located in a busy area of Oldham, Greater Manchester.

INTRODUCTION
Highbarn Motorcycles was established by our client in 1990 and due to expansion moved to Broadway due to expansion in 1993. The business is well known within the area and this business sector and has a superb reputation and a large base of regular customers. Excellent reviews are noted on Bike Trader, Google and Facebook. Our client offers a comprehensive range of new and used motorcycles as well as servicing and repairs. The opportunity also includes Broadway Motorcycles which is a recent expansion of the business due to it's ongoing success.

LOCATION
The business is positioned on a busy main road close to large multiples such as Asda, Home Bargains and the The Post Office. Chadderton Community Fire Station is immediately next door. The area is well linked by the M60 and A627(M) with good public transport links and free parking immediately outside.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator due to out clients retirement, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

BUILDING LAYOUT AND DESIGN
Highbarn Motorcycles operates from a large detached property with large forecourt area to the front. The business is well branded with large signage displayed above a glazed frontage with central entrance. Inside, the main showroom is open plan in layout with a range of motorcycles displayed. There is also a private office area and toilet facilities to the rear.

STAFF
The business is currently operating with five members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS
Highbarn Motorcycles has traded well during an impressive trading history. Year End Annual Accounts to 31 October 2021 Annual Revenue to 31 Oct 2021 £1,703,326, Gross Profit (Y/E 31 Oct 2021) £215,958. Full financial details are available after viewing.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This freehold business occupies a superb trading position on a busy main road. Our client has secured a large, repeat customer base and much new custom is generated by word of mouth recommendations as well as the comprehensive online presence built in recent years. This proposition would ideally suit an owner operating team with a passion for motorcycles who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings:
Ramps
Machinery

Opening Hours:
MON - FRI: 09:00 - 18:00 SAT: 09:00 - 17:00 SUN: CLOSED


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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.

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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.

Stay Safe

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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