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Mon, Aug 03 2020 10:49:15 AM  |  /

motorcycle service & performance tuning centre Class 1 & 2 MOT station, suspension service

Business Id:000231     |    Reference: CN056
Leasehold Price:
£250,000.00
Business Description

motorcycle service & performance tuning centre Class 1 & 2 MOT station, suspension service centre, tyre fitting centre, engineering services and retailer for bike parts & accessories
Ref. CN056
Location : Somerset
Asking Price : £250,000

• Motorcycle Service
• Fault finding & diagnostics
• Authorised suspension service centre
• Dyno tuning services
• Retailer of bike parts & accessories
The company has secured area relationships with numerous branded companies, whereby further accounts in the area would not be granted.

They are proud suppliers of all major manufacturers and brands associated with National and International Motorcycle Sport.

This excellent business is a turn-key operation that is ready to go.

Clients include private individuals requiring more usual MOT, servicing and parts needs or the more specialised race-tuning and preparation services.

Key Strengths:

• Motivated staff
• Well stocked parts and accessories
• Full managed turnkey operation
• Well established & internationally well known

The business has enjoyed steady growth since inception and is well positioned to take maximum advantage of future growth as it occurs.

Adopting a more pro-active approach to advertising and marketing could greatly improve turnover and profits. Being a retailer with such a reputation among the highly technically aware customer base of this specialist sport, is a definite advantage over competition.

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Gross Profit circa £124,000
Net Assets of circa £75,000

Asking Price:

Advertising and Marketing:

A high proportion of the business s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.

The premises are Leasehold and currently on a 10 year lease agreement with 12 months remaining.

The linked building comprises 2x Commercial Units of circa 4,000 square feet including:

Workshop
Mezzanine level

Business Hours:

9:00am - 1:00pm Saturday

The vendors work within the business full time and employs the following personnel:

1x Full Time Race support/service technician.
1x Part Time Business Developer
Support and Training:

Reason for Sale:

Looking for finance ?

finance@turnerbutler.co.uk

 
Business Information
Turnover:£516,000.00 Annually
Property Status:   Leasehold
Leasehold Term: Annual rent paid circa £15,000 and rates of circa
Is this business relocatable: No
Business Sector: Automotive Services Businesses, Commercial Vehicle Repair & Servicing, Garages, MOT Garages, Motorcycle Dealerships
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