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8809NN F/H Mcycle s/room & MOT cnt or empty premise F/H £399,000 Northants
Asking Price:
GBP 399000
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Business Location:
United Kingdom » Northamptonshire » Undisclosed
Category:
Services
»
Auto Repair, Parts & Services
Description:
THE BUSINESS
Advent Business Sales is delighted to offer for sale this exceptionally well established business that has been trading successfully and profitably over the last 33 years.
The current vendor’s have been in ownership for the past 3 decades and have been at the current location for 29 years.
Our client has a superb reputation within the biking industry and has the benefit of a Kawasaki main dealership.
The owners retail new and used Kawasaki motor bikes as well as all types of other used motor cycles.
The business conducts 3 – 4 MOT’s per day Monday to Friday and one MOT every half hour on Saturday’s. Repairs and servicing are also conducted regularly.
All motorcycle accessories such as helmets, gloves, jackets and trousers are also retailed with a well stocked area.
Customers arrive from many parts of the country as well as from as far afield as Scotland.
The MOT side is so busy that the vendor is continually turning work away. There is huge potential to conduct many more MOT’s. Stock at cost is in the region of £80,000.
The business is staffed by the two owner vendors, two full time staff and one part time book keeper.
The owners are willing to sell the business with the freehold including the two bed flat for £399,000 + SAV or the vacant premise for £300,000
The business is fully equipped with specialist tools for repairs and servicing, two ramps and with full computerised MOT facilities.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £473, 405 (EX VAT)
Gross Profit: £154,882
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
The freehold premises occupy a prominent corner position. It briefly consists of:
Basement
• Storage area
Ground Floor
• Main showroom
• Lock up workshop
• Office area
• A three room (former terrace property) accessory sales shop
• Two small rooms
• Two large lock ups
First Floor
• 2 bed self contained apartment maintained to a good standard
External
• Parking area large enough to accommodate approx 10 cars
TENURE: Freehold
We are advised that the annual business rates are currently: £5000
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Financial Information:
Annual gross sales: (GBP)
154882
Yearly Revenue: (GBP)
Total yearly sales revenue
473405
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Our client is located on a busy main road linking Finedon to Wellingborough in Northamptonshire, close to the A6. Several eating and drinking establishments and main residential properties populate the immediate vicinity. The area has convenient motorcycle and car parking facilities, which assist the businesses customers.
Year Established:
1976
Is Relocatable?:
Yes
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
Yes
No of trading hours:
Mon, Tues, Thurs, Fri 9am – 6pm Wed: 9am – 1pm Sat: 9am – 5.30pm
Contact Seller Now
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