Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Time to Sell or Time to Buy !

Sold. Motorcycle Clothing Retailer

LISTING DETAILS
Firms For Sale ID:
28646
Vendor reference:
GM011
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£135,000  
Turnover / revenue:
£395,000
Net profit / cashflow:
Undisclosed
Years established:
1997
Trading hours:
Monday, Tuesday, Wednesday and Friday: 10.00am – 4.30pm Saturday and Sunday: 10.00am – 5.00pm
Number of employees:
8

OTHER DETAILS
Reason for selling:
This is a genuine retirement sale
Support and training:
Full support and any necessary training will be provided during handover as part of a successful sale package
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Motorcycle Clothing Retailer
Ref.GM011
Location Derbyshire
Asking Price £ 135,000
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

This well known family owned and run business was established in 1997 from 10+ years of previous experience, retailing from Markets and Shows. The company sells a full range of Motorcycle clothing from boots up to safety helmets and everything in between.

Over the years the company has developed its own brand of clothing which it designs itself and has manufactured. These own brand designs have proved to be very popular with their very wide customer base, for design innovation, and a great price/quality ratio, which stretches beyond the shores of the UK in to Europe.

The company’s home base premises could hardly be situated in a more perfect situation to capture the interest of the motorcycling fraternity, located as it is in one of the UK’s most favoured places to visit for bikers. The premises are prominently positioned and consist of a four storey shop in the very heart of this extremely well visited Town. The ground floor is given over totally to displaying an expansive range of products and the upper three floors are given over to storage requirements. However, with some refurbishment, a new owner may seek to maximise the retail experience by extending the showrooms on to further upper floors.

The company also attend’s, displays and retails at 20+ Motorcycle themed shows during the course of the year and its sales splits are approximately 60% Shop and 40% Shows.

The owner of the business also owns the freehold of the premises and he has indicated his willingness to consider the sale of the freehold to the new owner if required. He has also given us assurance of his willingness to support the new owner for an extended period after takeover, should this be required.

Expansion Potential
To grow the business vertically – literally! What is now a single floor retail outlet could easily be two or three floors, bringing about more impact on shop clients and maximising retail potential.

Market / Competition / Non-Competition Agreements
The company has developed an attractive Internet Website, which is supported by the regular show attendance, driving great brand awareness with its target audience.