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Asking Price:	$85,000 GBP United Kingdom Pounds
Business for Sale Industry:	Auto & Mech: Retail
Reason for Selling:	the company has decided to retire and work on other
Yearly Revenues:	$800,000

Business for Sale Overview:

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 center plays and important roll in the day to day activity with customers traveling 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 tires, 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.

Property Features and Assets:

The double fronted high street premises cover three floors with the basement area acting as a service center and storage department. The ground floor is the main showroom containing offices and a large selection of used and new bikes. It covers an area of approximately eighteen hundred square feet. The first floor has ample room for development with the service reception and parts department. This has a similar square footage as does the workshop. The top floor has recently been fully refurbished and is awaiting conversion into, either three additional bed-sits or three offices. Grants for this work may be available. There are two flats and one bedsit commanding combined monthly revenue of £760. There is off the road parking for three vehicles.

Market Competition and Expansion:

The business is very active in going out to the customer and transact significant business at agricultural shows and farmers markets. They advertise in Yellow Pages, Farmers Weekly and Classic Bike Magazine.

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.