Motorcycle Dealerships for sale in Bolton

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Motorcycle Service & MOT Centre - Bolton

Bolton, Greater Manchester, England

  • Leasehold Price: £75,000
  • Annual Turnover: £78,326
  • Annual Net Profit: £22,324
Seller Reference: 7405
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Business Description
 
 
 
 
 
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Seller Reference: 7405
Request Details
Business Description
Busy Industrial Estate Trading Position
Financial Info Available Year End 5th April 2020
Annual Turnover £78,326
Net Profit £22,324
Low Rent Of Just £96 Per Week
Financial Info Can Be Made Available After Viewing
Established 2010
Ill Health Sale
CCTV Fitted Throughout
Monitored Industrial Estate
Comprehensive Website
Unrivalled Reputation
Superb Reviews
Scope For Longer Opening
Potential To Expand Repair Work
EPC - C
REF 7405 – Leasehold Motorcycle Service & MOT Centre
Blacks Brokers are pleased to bring to the market this leasehold motorcycle service and MOT centre located in Bolton, Greater Manchester.

INTRODUCTION
Bolton Motorcycle Workshop & MOT was established by our client in this busy area of Bolton in 2010. The business offers a range of servicing and repairs with MOTs introduced in 2019. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of additional trade generated by word of mouth recommendations. Our clients have ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook and Yell. Bolton Motorcycle Workshop & MOT has a comprehensive website in place and a strong following on social media.

LOCATION
Bolton Motorcycle Workshop & MOT occupies an industrial estate trading position. The area is densely populated commercially with neighbouring businesses being mainly independent. The village of Belmont is nearby and the area is well linked by the M61 and A666 with good public transport links and parking is available immediately outside the building.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but sadly due to our client’s ill health, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2021 at a cost of £96 per week.

STAFF
The business operated previously with one member of staff in employment alongside our two clients, the staff member has now left and just the two owners operate the business.

FINANCIAL DETAILS
Bolton Motorcycle Workshop & MOT has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 5th April 2020 show annual turnover of £78,326 and net profit of £22,324. Full financial information is available upon request.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This well known and long established business occupies an enviable trading position in a well linked area of Bolton. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of further repair services and longer opening hours, possibly a collection and drop off service where appropriate. This proposition would ideally suit an owner operating team with a passion for motorcycles who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
MOT Diagnostic Equipment
Brake Tester
Motorcycle Scissor Lift x 3
Compressor
Tyre Machine
Degreaser
Battery Charging Equipment
Benches
Vices
Factory Tooling
Trading hours:
MON - CLOSED TUE - SAT: 09:00 - 17:30 SUN: CLOSED
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Bolton Motorcycle Workshop & MOT operates from a spacious single storey industrial unit with parking immediately outside. The business has branding and signage on display above the main entrance. Inside, the workshop is well equipped and fitted with MOT bay as well as staff toilet facilities and customer service counter. All areas are presented well.

Location Details:
Bolton
Leasehold Term:
£96 Per Week
Listed by:
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