Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Well-established And Profitable Major Motorcycle Dealership
LISTING DETAILS
Firms For Sale ID:
26537
Vendor reference:
AM150
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£175,000
Turnover / revenue:
£2,650,000
Net profit / cashflow:
Undisclosed
Years established:
10
Number of employees:
9
OTHER DETAILS
Reason for selling:
Having built the business up to its current scale and been involved in the industry for a great number of years, the current Owner feels the time is right to ease into retirement and pass the business on to new Owners to build on the significant foundations that have already been laid
Support and training:
The current Owner will provide full business familiarisation, training and handover, covering all aspects of the business, to ensure a smooth transfer of the business to new Owners.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold. The current agreement is due to expire in 2013. A new lease will be available to the new Owners of the business with annual rent expected to be in the region of £50,000. Rates are currently approximately £19,500 per annum.
BUSINESS DESCRIPTION
Well-established and profitable major motorcycle dealership
Ref.AM150
Location Thames Valley ,Berkshire
Asking Price £ 175,000
Established over ten years ago and acquired by the current Owner in order to secure the franchise, this business was relocated to its current premises in 2001 and has rapidly grown into one of UK’s leading dealerships of this major motorcycle manufacturer. From its excellent showroom, located on a major road leading into one of the largest towns in the Thames Valley, this business offers everything expected of a major dealership of one of the most popular manufacturers in the UK – a great stock of new and previously owned bikes, a well equipped workshop for service and repair, a well stocked parts department and a retail showroom offering a wide range of clothing, helmets, boots, leathers, textiles, waterproofs and accessories.
Having won numerous awards throughout its many years of operation including ‘Dealer of the Year’ on several occasions, this business has what is widely recognised within the motorcycle industry as the ‘franchise to have’. It operates from a very well presented showroom and with one of the most comprehensive motorcycle workshops in the area, it provides a full range of service and repair facilities - a ‘one stop shop’ for the enthusiast of this motorcycle manufacturer. Its workshop is particularly impressive, one of the most comprehensive in the area, with 4 service ramps and a cleaning and prep area enabling the business almost always to offer same day servicing.
A highly reputable and well-known business, this company not surprisingly attracts custom from many miles around and can boast customers that have been with this business since day one. Customer service and value for money have been the key to success in the past and the business takes great pride in making sure customers enjoy every part of buying and riding their new machine. Despite being one of the biggest ‘shops’ in the area this business has retained a small, friendly, customer focussed philosophy.