Motorcycle Dealership For Sale $100K +Stock (which has been heavily discounted)

This is a superbly equipped and presented multi franchise dealership selling new and used motorcycles, spare parts and accessories, financial and insurance services as well as after sales service and performance tuning. Operating from large purpose built premises the site offers room for further expansion and additional franchises available for the local market.

BUSINESS HIGHLIGHTS

• Two quality internationally recognised brands
• Long established business well known to locals
• $3.9m revenue in FY16
• 240 new motorcycles sold in FY16
• Almost 9000 customers in database
• Fully equipped workshop with roller dynamometer
• Fully fitted premises with $30K of new signage
• Renewed franchise agreements in place
• Secure premises with internal and external surveillance cameras

The vendor will provide a period of assistance to facilitate the transition to new ownership.

This is a turnkey operation supplying internationally recognised brands that are household names in Australia. The business will best suit a motorcycling enthusiast wishing to work in the industry or an existing dealership looking to increase their national footprint. Asset backing of around $800K will be needed  to demonstrate continuous equipment supply under bailment terms from the equipment manufacturers.

The business is for sale for $100K (plus stock accessories). The book value of the stock is currently $700K and the vendor will discount this to $400K to encourage a quick sale. The sale price includes Goodwill and all Plant and Equipment.