Premier Motorcycle Dealership & Service Centre
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.
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 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:
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.
• 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 email@example.com
|Is this business relocatable:||No|
Automotive Services Businesses, Motorcycle Dealerships
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