Established Performance Motorcycle Workshop for Sale

This is a well established and well run motorcycle performance workshop located in Port Elizabeth that is for sale. The business is owner run and managed with the owner having over 32 years experience in the industry.

 

The product offering that is currently provided by the business includes the repair, modification and servicing of high performance motorcycles. In addition to this the business also carries the local service agency for Ducati motorcycle owners who reside in Port Elizabeth.

 

The Seller is a fully qualified motorcycle mechanic and is known as being an expert, suspension, and engine specialist. The Seller has a phenomenal passion for the repairing, servicing and modifying of his customers motorbike.

 

The Seller has a phenomenal passion for the repairing, servicing and modifying of his customers motorbikes and is looking to sell the business to somebody who has the same passion.

 

The Seller will provide full training to the new owner and any staff the new owner may wish to bring into the business.

 

This is an extremely unique opportunity for any person who has a passion for high performance motorcycles and most certainly one not to be missed.

This is an extremely unique opportunity for any person who has a passion for high performance motorcycles and most certainly one not to be missed.

Financial Information

Current Annual Turnover:

+-R 1 032 130 (as at 2019)

Current Annual Operating Net (EBITDA):

+-R 258 439 (As at 2019)

ROI%

+-25% (based on EBITDA amount)

Assets / Office Equipment:

+-R714 000 (Included in the asking price)

Stock on Hand:

+-R250 000 (Excluded from the asking price)

Rent & Lease Terms:

+-R 5 800 per month. Leased (3 years with option to renew. 

Vat registered:

Yes

MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT

BuSiness Information

Industry

Performance Motorcycle Workshop

Asking Price

R 1 500 000 (Excluding Stock on hand)

PROVINCE

Eastern Cape

CITY

Port Elizabeth

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Premises:

Workshop environment (very neat and clean)

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Hours of work:

Monday to Thursday: 08h30 to 17h30
Friday: 08h30 to 16h00

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Buyer Profile:

Ideal for a husband and wife team or as a family business. Alternatively, this business will suit any business /entrepreneur that is looking to add to their existing operations. Knowledge of repairing, modifying and servicing superbikes will be an added advantage

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Growth Potential:

This business has an already established client base and a superb reputation that can be built on. A much stronger online presence as well as improved social marketing will easily increase the client base

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Reason for selling:

Medical and Family commitments

Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.

Contact Us

call

Grant – 073 556 0065

email

grant@mnbrokers.co.za

visit

Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070