AM178 - Independent Motor Cycle Stockist Supplying Bikes across the UK and Europe

Introduction: Turner Butler has been appointed to invite offers of purchase of the issued share capital of this long established reputable motorbike showroom and servicing bay. Business Profile: The business offers a comprehensive range of new and used bikes. They are a main dealer for Royal Enfield. The showroom is complemented by a fully operational adjoining workshop. Customer Service: The business prides itself on exemplary customer service. This is borne out by the significant number of positive customer testimonials. Key Strengths: Over twenty years of successful trading with long standing relationships with most manufacturers. They offer a superb selection of warranted bikes to suit all customer requirements; they stock a comprehensive range of clothing and accessories and have an adjoining workshop for repairs and servicing. Financial Performance: The goodwill of the business is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. Turnover c. ?717,000 Gross Profit c. 20% Adjusted Net Profit c. ?55,000 Asking price: The asking price of ?110,000 includes clothing stock and all equipment, Surplus cash will be paid for on top of the sale price on a ? for ? basis. Growth and Expansion: The profit of the business varies between £55,000 and £75,000 depending on stock levels.. Employees: There are two full time employees. A mechanic and a sales supervisor. Reason for sale: Retirement.

For more information on AM178 - Independent Motor Cycle Stockist Supplying Bikes across the UK and Europe talk to Turner Butler Limited (Business Broker)