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Asking Price:	$150000 GBP United Kingdom Pounds
Business for Sale Industry:	Auto & Mech: Retail
Reason for Selling:	imminent plans to retire.
Year Established:	1978
Yearly Revenues:	$65,000

Business for Sale Overview:

Advent Business Sales have been instructed to offer for sale this extremely well established and popular motorcycle spares and accessories business, established by the current vendor over 3 decades ago. The business is reluctantly offered for sale due to the owner’s imminent plans to retire. The business offers a wide range of goods and services for predominantly Japanese bikes, although upon request all makes and models can be accommodated. Our client has an extensive range of spares and accessories. The reputation the business has acquired is second to none.

Property Features and Assets:

Freehold or Leasehold Rent: £7,000 per annum. We are advised that the annual business rates are currently: £1,600. Our client is ideally situated on an industrial estate consisting of individual units with a multitude of complimentary commercial and industrial businesses in the area including repair business, garage, newspaper distributor which is less than 0.5 mile from the center of Derby. There is allocated parking spaces for two vehicles directly in front of the unit. There are excellent transport links with the busy A6 less than 250 yards away, and the A50 and A52 nearby the road network links allow easy access to the M1 and Donnington airport.

Market Competition and Expansion:

There is excellent potential to expand the business by offering mail order, internet sales, servicing and repairs & MOT’s. Subject to planning permission, this would ideal for someone looking for empty premises within an industrial unit for an alternative use. An advertising campaign would help establish any new owner. Floor space can be utilized by extending the mezzanine floor to free up more space.

Additional Details:

• The property is owned.
• The owner may be willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This may become a homebased business opportunity.
• This may become a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.