Motorcycle Dealerships for sale in Reading

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Motorcycle Sales, Repairs, Spares And Accessories Business For Sale. Reading. Berkshire.

Reading, Berkshire, England

  • Leasehold Price: Offers Invited
  • Annual Turnover: £600,000
  • Annual Net Profit: £50,000
Seller Reference: 2647
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Business Description
 
 
 
 
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Seller Reference: 2647
Request Details
Business Description
Motorcycle Sales, Repairs, MoT, Spares and Accessories. All marques.

Reading, Berkshire. Over 30 years established.

This is an opportunity to acquire the premises, goodwill and fully equipped workshop and MoT bay of Reading's longest established (and only) independent motorcycles sales and service business. Of significant value is the support and handover of the existing owner who is prepared to provide full assistance to new owners in order to continue the success of the business.

It should be noted that due to a change in circumstances the business currently closed at the end of February 2020. But it is ready to trade and carries an excellent history and reputation.

The seller is prepared to be very realistic and flexible in his sale terms and genuine expressions of interest are very welcome.

Recent annual turnover was recorded in excess of £600,000.

Expansion potential: Given the location and reputation of the business it is likely that it will be able to take on multiple dealership franchises. Or remain as an independent.

Competition / Market: This is the only independent motorcycle business in Reading town centre, therefore there is very limited competition.

Interest and offers invited. The guide price shown is just for discussion.
Tenure:
Leasehold
Location Details:
Location: Oxford Road, Reading Premises details: Double or triple-fronted premises (flexible). Workshop, shop/storage and showroom. There is an option to take the shop and workshop only, and/or to take over the showroom also. The premises comprise substantial retail space plus significant storage area. Total just under 3,500 sq. ft. or 1,850 sq. ft. excluding the showroom.
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