Motorcycle Dealership in East Barnet London Offering Variety of Services and Products for Sale
East Barnet, London
- Status
FOR SALE
- Advert ID
623993
- Leasehold: Price on Application (Stock at valuation)
- Rent: £40,000
- Turnover: £900,000 (£17,308 Per week)
- Net Profit: On request
Key Features
- Offers Invited
- Close to Local Amenities
- Attractive Business
- New Lease
- Adjacent to Multiple Retailers
Business Details
Motorcycle Dealership for sale Barnet
An established motorcycle dealership located in East Barnet, London, is available for sale. Operating successfully for 23 years, it has spent the last 15 years at its current prime corner location, benefiting from high visibility and significant foot traffic. The business offers a wide selection of motorcycles, scooters, and quad bikes alongside repair services and parts sales.
The dealership's current motorcycle stock has a retail value of £180,000, complemented by an additional £60,000 in parts and clothing. All workshop equipment can be included in the sale, pending a fair price agreement. For added flexibility, two vans are available for purchase separately.
The business is surrounded by numerous local shops, including a large Sainsbury's, contributing to a steady customer flow due to the lack of local competition. This leasehold opportunity also provides potential buyers with future growth opportunities as well as an online presence through its website, www.bikestrobe.com.
There are two employees currently working at the dealership, and all fixtures and fittings are included in the sale, with stock open for negotiation. The business enjoys a considerable turnover of £900,000 with annual rent at £40,000. A new lease will be available from June 2025, and offers are invited.
The dealership is positioned strategically close to an array of amenities and is adjacent to multiple retailers, enhancing its attractiveness to potential investors. Interested parties are encouraged to inquire for the asking price and further details.
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Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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