Independent Motor Cycle Stockist Supplying Bikes across the UK and Europe

Location: Lincolnshire Asking Price: £200,000 + Net Assets Turnover: £800,000 Net Profit: £75,000 Asking Price Includes: Turnover of c. £800,000 Gross Profit of c. 20% Net Profit of c. £75,000 Over 20 years trading Superb customer testimonials Long-time established main dealership Fully equipped service bay Stock including clothing, helmets etc. Substantial investment in a number of online channels 35-bike showroom 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. £800,000 Gross Profit c. £160,000 Adjusted Net Profit c. £75,000 Asking price: The asking price of £200,000 plus net assets is for 100% of the issued share capital of the company. Clothing stock and all equipment is included in the asking price. The current net asset is mainly cash at bank. Total asking price is £299,000 Growth and Expansion: Growth in revenue has been historically consistent and this year's anticipated adjusted net profit is likely to be in excess of £90,000. Employees: There are two full time employees. A mechanic and a sales supervisor. Reason for sale: Retirement.

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