Wholesaler & Distributor of Motorcycle Parts - Somerset
Price : £300,000 plus stock at valuation
Business Reference No. 12786
- Long established and highly successful company
- Excellent name and reputation for product availability and speed/quality of service
- Thousands of parts stocked for all motorcycle makes and models – making next day deliveries possible most of the time
- Operated by management and first rate team of experienced and knowledgeable individuals
- Turnover £2.19m (Adjusted Net Profit £175,000)
- Real and significant scope for further expansion
- Well organised and equipped for its trade
- Ideal investment opportunity for new owner
- Company to be sold due only to enable trustees of late owner’s (deceased in 2022) estate to execute his will
- Very attractively priced to encourage quick sale
THE BUSINESS : Established in 1994, and incorporated in 1997, the founder sadly passed away in 2022, since when the company has been operated by management. The trustees of his estate now wish to sell the company in order to distribute bequests as requested in his will.
The company operates a well-known and successful motorcycle parts wholesale and distribution business. About 60% of sales relate to its retail trade (which is achieved almost entirely from its eBay ‘shop’, whilst approximately 40% is wholesale trade. It has a customer database of over 1,600 dealers of which circa 250 are regular buyers, of which just 6 have accounts with the subject company,...
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