ID : 38283
VINTAGE & BMW BIKE SALES, REPAIR & RESTORATION – DERBYSHIRE
Well established and highly regarded business
Early viewing essential to fully appreciate
Advised annual turnover of £30,000
Stock inc. in sale price £100,000
Scope for further development
Ideal partnership opportunity
Situated in the city of Derby
Genuine reason for sale
Nearest Offer Sought
LEASEHOLD
Location
The business is situated in a highly desirable area in Derbyshire. The business sits within a row of residential properties with other businesses/retailers close by off one of the city’s main access through roads which benefits from communal parking. The business has a fine selection of neighbouring commercial businesses and retailers which draw shoppers and visitors to the area throughout the year. The business also benefits from the through road as there is a high number of commuters, visitors and workers who use the road on a daily basis.
Business History
Meridian Business Sales are delighted to offer for sale this superb motorcycle sales and repairs business which was established by our clients around 20 years ago. Our clients are reluctantly offering the business to the market due to desire to take well deserved retirement. Since the business was established they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £30,000 which is derived from the sale of vintage & BMW motorbikes as well servicing, repairing and restoring them. The price includes all the stock, which we are advised is well in excess of £100,000. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
Financial Profile
Turnover: £30,000pa
Tenure
Leasehold
Original length: Rolling
Rent: £500pm
Opening Hours
Monday: 10:00am – 5:00pm
Tuesday: 10:00am – 5:00pm
Wednesday: 10:00am – 5:00pm
Thursday: 10:00am – 5:00pm
Friday: 10:00am – 5:00pm
Saturday: 10:00am – 12:00pm
Sunday: Closed
Accommodation
Purpose built unit, briefly comprising:
GROUND FLOOR
Secure entrance leading to:
Large open plan facility
Vehicle display & storage space
Parts storage area
Hoist for bike/work area
Office with seating for 2/3 and storage space
Additional bike storage
Toilet facilities
Small wash area
EXTERNAL
Parking facilities