| (REF: 1014) Mini Racing Bike Business For Sale |
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| Seller Reference: |
1014 |
| B4S Reference: |
15623 |
| Asking Price: |
£500,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£1,000,000 |
| Number of Staff: |
4 |
| Established For: |
16 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Slough, Wiltshire, United Kingdom |
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Phoenix are delighted to place onto the market this hugely successful concern which was established by our client in 1996. Family commitments and other business interests enforce reluctant sale.
This concern retails and imports Mini Bikes and parts from Italy. It owns the sole trading UK rights for GRO MOTO and this concern could easily be developed into a national business.
The owner has invested very heavily on advertising and the company web site has over 2 million monthly hits and appears number 1 on goggle and other premium search engines. The internet side of the business has not been developed at all as this size of traffic would potentially produce excellent advertising revenue.
The business employs 4 full time, fully trained staff who would be available to continue within the business after sale. Indeed our client would be available for a business familiarisation period and on a continued consultancy basis if required.
The turnover of the business is in excess of £1million and the stock is valued in excess of £150,000. In fact the total assets alone come to over £500,000 including vans, bikes etc.
The sale includes a fully stocked portable retail unit within a lorry which retails at various UK championship meetings. The business also has its own sponsored bike series called The National Pocket Bike series.
FINANCIAL DETAILS
Turnover: £1,000,000 per annum (Approx.)
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
This business enjoys a rural countryside location, being situated just outside the village of Hullavington. This area has excellent transportation links with the rest of the country and the M4 motorway lies 1 ½ miles away.
The premises itself is purpose built and extremely spacious to allow for large quantities of stock to be kept on site. |
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Indeed our client would be available for a business familiarisation period and on a continued consultancy basis if required. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon – Sun: 10.00am – 10.00pm |
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The business employs 4 full time, fully trained staff who would be available to continue within the business after sale. |
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