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*** SOLD ***
Motorbike Automotive
Listing: #14820
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About this Business for sale in Western Bay Of Plenty
Motorbike AutomotiveIf you have a passion for motorbikes then this business will allow you to enjoy the benefit of working and having fun with dirt bikes, quads and anything relating to motorbikes. The business is located on a high profile main road position with immediate access from State Highway 2. You can rest assured that this business is successful as it has been operating for over 20 years. With very little competition in town the business last year easily turned in well over half a million dollars in sales. Business hours are 8-5 and Sat mornings. The premises are very large with a dedicated retail area, office, smoko room and ample parking / storage. The takeover of this business would be very quick and easy for the incoming owner. All the plant equipment is in excellent condition and the 2 full time staff have been with the business for many years. There is also a part time lady who comes in a looks after all the paperwork (more time for you to mess around with the bikes!) The business benefits from having exclusive rights for of a well known "off road" brand in addition to sub agency agreements in place for other brands. The current lease expires this Sept so the new owner coming in has the opportunity to negotiate a new lease with the landlord. This is a fantastic and exciting opportunity for someone who enjoys motorbikes to enjoy the thrill of running your own successful business. The owner reluctantly has to sell the business very quickly in order to take up an employment opportunity overseas - hence the price is very attractive and the gain is all yours. The vendor is offering a good assistance period included in the sale and will do everything possible in order to ensure a smooth handover. Profits of the business last year were down as a result of the owner having to address personal circumstances. The plant and stock value of the business on the books is alone nearly $90,000! - Your opportunity to bag a bargain and build the business back up. So, if messing around with bikes is your thing, now is the opportunity to hand in your notice and run your own small successful business. Give me a call today and I'll provide you with all the information on the business.
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.