AM096-Motorcycle, Scooter and Quad Bike Retailer with Showroom, Three Rental Bed-sits and additional area for development
Business for sale
Asking Price:
£85,000
Turnover:
£800,000
Annual profit:
Less than 25k
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
This well established business has been trading for around thirty years and has become one of the regions most well known suppliers of new and used motorcycles , quad bikes and scooters that it supplies to the local communities and farms right across South Wales and into Gloucestershire and Wiltshire.The operation carries new bike franchises for Yamaha, Hyosung and Royal Enfield. They hold a minimum new stock and some demonstrators. The operation sells around a hundred new bikes per annum and an additional sixty used units from the showroom that displays around forty used bikes across all sizes and price ranges. The average retail value being between one and two thousand pounds.
The service centre plays and important roll in the day to day activity with customers travelling from a thirty mile radius to have their machines maintained. The business holds a significant stock of parts. There is also a good selection of branded after market accessories such as tyres, helmets, leathers, boots and gloves which plays significant part in generating additional revenue. This is particularly pertinent as many customers are first time buyers looking for a value for money motorcycle plus the safety equipment to go with it.