Choose Your Country
X


UK FlagUK
Fri, Jan 27 2023 05:35:26 AM  |  /

Independent Motor Cycle Stockist Supplying Bikes across the UK and Europe

Business Id:000815     |    Reference: AM178
Price:
£200,000.00
Business Description

Introduction:

Turner Butler has been appointed to invite offers of purchase of the issued share capital of this long established reputable motorbike showroom and servicing bay.

Business Profile:

The business offers a comprehensive range of new and used bikes. They are a main dealer for Royal Enfield. The showroom is complemented by a fully operational adjoining workshop. 

Customer Service:

The business prides itself on exemplary customer service. This is borne out by the significant number of positive customer testimonials. 

Key Strengths:

Over twenty years of successful trading with long standing relationships with most manufacturers. They offer a superb selection of warranted bikes to suit all customer requirements; they stock a comprehensive range of clothing and accessories and have an adjoining workshop for repairs and servicing.

Financial Performance:

The goodwill of 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.

Turnover c. £800,000

Gross Profit c. £160,000

Adjusted Net Profit c. £75,000

Asking price:

The asking price of £200,000 plus net assets is for 100% of the issued share capital of the company. Clothing stock and all equipment is included in the asking price. The current net asset is mainly cash at bank. Total asking price is £299,000

Growth and Expansion:

Growth in revenue has been historically consistent and this year's anticipated adjusted net profit is likely to be in excess of £90,000. 

Employees:

There are two full time employees. A mechanic and a sales supervisor.

Reason for sale:

Retirement.

 

 

 

 
Business Information
Turnover:£800,000.00 Annually
Profit:£75,000.00 Annually
Is this business relocatable: No
Business Sector: Motorcycle Dealerships
Statistic Information
Total Views:
Impressions:
Total Enquiries:
Last Viewed:
Last Updated:
Last Enquiry Made:
Business Profile
Equipment: na
Key strengths: Over twenty years of successful trading with long standing relationships with most manufacturers. They offer a superb selection of warranted bikes to suit all customer requirements; they stock a comprehensive range of clothing and accessories and have an adjoining workshop for repairs and servicing.
Key Opportunities: na
Financial performance: na
Asking Price: 200000
Advertising and Marketing: na
Growth and Expansion: Growth in revenue has been historically consistent and this year's anticipated adjusted net profit is likely to be in excess of £90,000.
Premises: na
Business Hours: na
Employees: There are two full time employees. A mechanic and a sales supervisor.
Support and Training: na

Related Property
.