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Businesses For Sale > Business For Sale in Hampshire, UNITED KINGDOM - UK (UK)

AM121-Hampshire-£150,000-Service, repair, MOT and sales of vintage restored and un-restored Vespas a for sale in Hampshire, UK

Hampshire, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 150,000 £ 82,000 Undisclosed

Business Summary:
Service, repair, MOT and sales of vintage restored and un-restored Vespas and Lambrettas Ref.AM121 Location Hampshire Asking Price £ 150,000 The latest version of a business that has its roots in the Mod era, this business is a one stop shop offering the service and repair, MOT and s wide range of parts and accessories for scooters. Whilst this business can lend a hand to virtually any two wheeled vehicle it is targeted not just at the biker or scooter enthusiast – but those with a particular interest in vintage Vespas and Lambrettas. Offering a few vintage scooters which this business sells on behalf of owners on a commission only basis, this business is best known for supplying vintage restored Vespas and Lambrettas which this business sources through excellent contacts, mainly in Italy and Spain. Such is the service available from this business that it is well known for fulfilling a customer’s dream. This business is frequently called upon to recreate in every single detail, a scooter, a purchaser had in their youth, right down to the design on the seat! Situated in ‘destination outlet’ premises – visited by enthusiasts drawn from all over the south of England and attracted by the business’s specialist knowledge, skills and expertise, this business has full repair and workshop facilities together with a MOT bay with the facilities to provide Class I and Class II MOT’s.

 

   
Number of Employees: 5FT  
   
Facilities / Terms of Lease: Leased, the premises are approximately 4,000 square feet in all – approximately 80% of which is given over to workshop facilities and parts storage with the remainder dedicated to retail – and a coffee bar. Rent is £500 per week to include utilities with Rates of £3600 per annum. The premises include an MOT bay suitable for Class I and Class II inspections. There is the capacity to build a mezzanine floor in the premises which could be used as a ‘build up’ area for the renovation of scooters.  
   
Potential Growth/Expansion: N.A.  
   
Competition: This business is a prominent ‘player’ in a very niche market. As such it benefits from very high levels of awareness and a superb reputation arising from its excellent workmanship and customer service.  
   
Owner willing to train: The current Owners will provide all necessary training and handover to ensure a smooth transfer of the business to new Owners.  
   
Reason for selling: The current Owners wish to pursue other business interests.  
   
Seller Reference Number: AM121
BusinessMart.com Listing Number: 70041
 

 

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For more info contact:

Andrew Hudson

Turner Butler
0044 1895 25 60

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