For sale £57,500 - Automotive repair and paint Business
City Business Brokers are pleased to bring to the market this specialist Motorcycle Business. It has been trading in the same location for almost 50 years, today it is still a thriving second hand Motorcycle Sales, Service and accessories business, providing a one stop shop for Motorcycle enthusiasts in the area.
The business has turned over almost £300K on average for the past 5 years and has provided a good income for the owner who is now looking to relocate and retire. Thus we search for a fellow enthusiast looking for a new opportunity.
The business focuses on service and sales of second hand bikes, by trading motorcycles in the region of 2-5K, it offers for sale popular and specialist models, taking trade ins and buying external stock as necessary. In addition it offers a local service and MOT centre, carrying out more than 700 MOT’s PA. together with a full service and repair shop, sourcing parts, and offering repairs as necessary. The business stocks the usual consumables such as batteries & tyres it also sells clothing & crash helmets. Current stock holding would be ca £30K
The owner currently runs the sales and admin function with the help of one full time assistant and 2 part time service technicians (contract).
Located on a busy thoroughfare there is ample on street parking around the business, which is a single fronted premises, with showroom office, parts store and workshop to the rear.
The business is available leasehold, with 2 years left on the current lease, a new lease would also be available by agreement. Rent is £950 per month, the business benefits from full rate relief.
The current trading allows the owner to benefit from earnings around £25K pa,
The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
A full profile is available once a confidentiality & non-disclosure agreement has been signed. All arrangements to view are strictly by appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Enquiries to: David Howard City Business Brokers Northampton O: 01604 385040, M: 07794729634, email@example.com
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
Please Note Library Image Used