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Mon, Aug 03 2020 10:56:12 AM  |  /

Premier Motorcycle Dealership & Service Centre

Business Id:000282     |    Reference: AM129
Leasehold Price:
£875,000.00
Business Description

Premier Motorcycle Dealership & Service Centre
Ref. AM129
Location : South East
Asking Price : £875,000

This major brand has been established for decades and has a loyal and almost fanatical following.

A professionally equipped workshop provides service facilities and is located adjacent to the showroom. The maintenance division is responsible for approximately 15% of the business revenue.

This is a highly profitable, thriving business with many years of combined staff experience. Over the years of trading it has developed a superb reputation that attracts many customers, with approximately 30% being repeat clients.

The workshop is fully equipped with many tools and parts needed to facilitate a busy and lucrative part of the business. The showroom has been well designed and this has created a prestigious and upmarket image. All tools, fixtures and fittings are included in the sale.  

The owner and his staff are highly experienced. This knowledge of the motorcycle market is a major factor in the success of the company. Professional advice is a big draw that brings loyal customers from all over the south east of England.  Customers are dedicated to their favourite brand, this loyalty is a big advantage for the company who keep in touch with its customers’ requirements and ensure all the latest motorcycle models and accessories are kept in stock. 

This company’s close association with the leading brand manufacturer is a big draw, customers are kept up to date with new models of motorcycles as they are launched.
The company is situated on an excellent corner plot location, positioned on a main road and sited on a large business estate. With high visibility and easy access the premises are easy to find and are in close proximity to motorway links.

Growth and Expansion:

The leading brand manufacturer has disclosed to the owner that over the next 3- 4 years they are intending to increase their model range by some 20% and are expecting that dealerships will increase their turnover by a similar percentage. Dealerships have been asked to have the facilities in place in order to cope with this expansion.

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.

The Net Assets of the company assuming no cash and no debt are c£421,000 although the premises’ fit-out has been written down in the accounts to c£6,000 even though it would costs over £200,000 to replace.

Advertising and Marketing:

Premises:

Having everything under one roof certainly improves the efficiency of the company.

The owner has also acquired the adjoining building, which offers an additional circa 4000 sq. ft. These premises are currently being used for additional storage but could easily be used as an extra showroom accessed from the existing one. The unused parts of this building are sub-let and bring in c£20,000 of rental income.

Business Hours:

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Employees:

• 1 Sales Executive
• 1 Parts Manager
Support and Training:

Reason for Sale:

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

 
Business Information
Turnover:£2,015,000.00 Annually
Profit:£103,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Automotive Services Businesses, Motorcycle Dealerships
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Business Profile
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