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

AM129 -South East- £1,600,000-Premier Motorcycle Dealership & Service Centre for sale in South East, UK

South East, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 1,600,000 £ 2,400,000 Undisclosed

Business Summary:
Premier Motorcycle Dealership & Service Centre Ref.AM129 Location South East Asking Price £1,600,000 This Premier Motorcycle Dealership & Service Centre was established in 1971 and has been under the same ownership since inception. Located at its current premises for seventeen years, the business has built an excellent reputation and is known throughout the south east for its relationship with one of the world’s most prestigious motorcycle brands. This major brand has been established for decades and has a loyal and almost fanatical following. During the current financial downturn the business bucked the trend and increased sales by 30%. There is a large display of both new and pre owned vehicles at this solace dealership, which are superbly presented in the extensive modern purpose built showroom. The showroom itself is spread over two floors with the top floor also being used for the presentation of motorcycles plus a wide range of clothing and accessories. 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’s revenue. The company has a modern website that allows users to view features and specifications of many of the products on offer including new and pre owned vehicles. 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.

 

   
Year Business was Established: 1971
   
Number of Employees: 6  
   
Facilities / Terms of Lease: The property is circa 4000 sq.ft. in total with offices situated in one corner of the showroom and the workshop adjoining the premises. Additionally there is a mezzanine floor, which provides an additional circa 3,000 sq ft of showroom and is used to present all clothing, accessories and further motorcycles. Having everything under one roof certainly improves the efficiency of the company. The showroom is ideally positioned on a corner plot at the entrance to a large business park. There is ample car parking available on site dedicated to both staff and customers. 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.  
   
Potential Growth/Expansion: As a company that has been established and successful for circa 37 years, it could seem difficult to see how things could be improved. However, there are two obvious options that should be considered. Firstly, there is space on this large corner plot to extend the building. Increasing the size of the premises would allow for more stock to be held at the showroom, which could allow for more brands to be sold and possibly a more diverse type of product to be made available. Larger premises could also be used to expand the servicing part of the business, which often has to turn business away. Secondly the business is currently trading five days a week, extending the opening hours to six or even seven days a week are both obvious routes that would have an immediate positive impact on the business.  
   
Competition: The business advertises in a number of trade newspapers and magazines as well as on specialist websites which has helped it to acquire a high profile status in many parts of the country. Having its own professional website also provides a channel of communication with clients and potential clients anywhere in the U.K. Occasionally direct mailing is used to contact customers on its substantial database.  
   
Owner willing to train: The current owner is happy to provide a full handover if required to ensure continuity of trading.  
   
Reason for selling: The owner is looking to retire after 38 successful years in this business.  
   
Seller Reference Number: AM129
BusinessMart.com Listing Number: 76090
 

 

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For more info contact:

Andrew Hudson

Turner Butler
0044 1895 25 60

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