Overview
Description
The company is a leading dealership for a recognised motorcycle manufacturer, specialising in new and used vehicles. It also operates a dedicated vehicle servicing, repair and maintenance centre.
In addition to its main offering, the company sells used motorbikes from all manufacturers, complementing this with a comprehensive range of parts, clothing and accessories.
The company is being offered for sale to facilitate the Managing Director’s retirement.
Offers invited.
Key Highlights
– Benefits from additional revenue generated from sales of accessories and merchandise.
– Has built up an excellent reputation within the industry and the local area.
– Maintains a database of over 53,000 private individuals nationwide, approximately 43% of whom provide regular, repeat business.
– Holds a 17% share in the national motorcycle market, which is expected to reach $1.439m by 2027.
– Considerable opportunities for further growth, including the diversification of its product range.
– Run by an experienced second-tier management team, with the Managing Director providing oversight on strategic development.
– Operates from leasehold premises.
Financial Highlights
– YE22 turnover of £5.2m, with and EBITDA of £568k.
– YE23 outturn turnover of £5.3m, with an EBITDA of circa £594k.
– Turnover has increased by 7% between YE20 and YE22.
– Shareholder funds in excess of £1.7m.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Listed By:
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