Business Summary:
Independent Motorcycle Centre
Sales, Hire, and Rider Training Centre
Ref.AM120
Location Mid Wales
Asking Price £ 125,000
The present owners established the business to satisfy the motorcycling requirements of the local community, and to provide a motorbike hire service.
The operation carries a small range of used motorbikes for retail and these sit in the £2000 to £3000 price range. They also carry around eighteen bikes that are available for hire. The machines vary in size from 125cc to 1600cc and cover a range of designs including sports bikes, cruisers and tourers. They are predominantly hired by tourists planning to visit the region and wish to explore the area on two wheels .
The business also operates an innovative club membership scheme for local riders who pay an annual fee in return for a variable number of hire days.
The business is an authorised ATB training school and has the services of four Cardington assessed and registered trainers. The school has eight bikes for the students, these also form part of the hire fleet many people travel from all over Wales to receive the benefit of their experience. The trainers have a consistent pass rate of around ninety percent.
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| Number of Employees:
2FT/7PT |
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| Facilities / Terms of Lease:
The business occupies three adjacent industrial units on a small business park. Each unit is interlinked and provides natural divisions between the three departments (Service, Retail Accessories and Sales and Hire). The units are leased at an annual premium of £15,600. The lease expires in October 2009. The owners are keen to renew the facility. |
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| Potential
Growth/Expansion:
The business has a broad range of services and a great customer catchment area being the only company of it’s type in the region.
Sales of used bikes are limited only by the small amount of used stock the company carries and an increase in that alone would bring in new clients. |
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| Competition:
The company has its own website and advertises on trade web sites. They have built up a targeted mailing list from customers, open days and by visiting bike rallies. Bike Magazine also listed the business as their top place to visit. |
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| Owner
willing to train:
There will be a full and professional handover for a period to be agreed as part of the overall sales negotiation. |
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| Reason for selling:
The present director has additional family and commercial commitments that limit the amount of time they are able to commit to growing the company. |
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Seller Reference Number: AM120
BusinessMart.com Listing Number: 67205 |
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