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Motorcycle Business In Hatfield For Sale

Hatfield, Hertfordshire
Asking Price:
£35,000
Sales Revenue:
£68,452
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market Twist & Go Motorcycle which was established approximately 25 years ago and owned by our client for the previous 7 years. The business genuinely comes to the market as our client wishes to move to another part of the country.

Twist & Go is a motorcycle repair, service centre and MOT centre, well known in the area, with good support from local residents, in addition to good connections to many insurance companies.

All work is derived from the existing client base or word of mouth recommendations, with currently no advertising undertaken. We believe the purchaser should invest in a webpage and have a presence on social media to promote the business to new custom.

The business is currently solely run by our client at a pace to suit. However, previously our client has employed several staff to meet demand. Giving scope for the purchaser to expand the business again if desired.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Twist & Go Motorcycle is located in Hatfield, Hertfordshire, to the rear of the marketplace close to other local shops and opposite a free car park.

The area is easily accessible from the A1 (M) and has a good network of public transport with good bus connections and railway station.

Premises
There are lockable double opening gates to the front of the premises leading to a small yard area giving MOT parking and access to the garage via double opening doors.

Outside of the premises is a hatched area specifically for parking for the motorcycles either being sold or serviced by Twist & Go.

The garage service area has an MOT area and service area with two motorcycle ramps.

There is also a Ti Cripton brake tester, MOT weight machine, tyre machine and other tools to suit the trade.

Service counter.

Off the main garage is a small office with MOT computer, kitchenette with WC off and a ladder leading to the mezzanine level for storage.

Tenure
We are advised the business is being sold as a leasehold business opportunity.
Our vendor has a rolling lease and currently pays £9,000 per annum rent.
The landlord will grant a new lease.

Hours
The business opening hours:
Tuesday-Saturday: 9.00am-5.00pm
These hours have been reduced to suit the pace of the owner and with the help of other staff the hours could be extended to generate more income.

Staff
The business is run and managed by our client.

Financial Profile
Twist & Go generated an advised turnover of circa £68,452 as of the 2015 accounts, with a gross profit of £29,160.

Property information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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