Bikes Scooters Quads And Scramblers In Johannesburg For Sale

Business description

Sitting on a great pitch! The market is growing and the business is the owner the two most progressive brand dealerships available. Sales and marketing knowledge will advance this business significantly. The business sells high quality affordable motorcycles imported from the East. It has dealership agreements with two of the biggest selling bike brands available in the market.

Property information

Real Estate:

Lease

Lease terms:

The lease is on a month to month but a term lease is available should the buyer require. The agreed escalation is 7% per annum, but no increase implemented in the past two years.

Leasehold rent:

R125,000 per annum

Location:

Operating from a relatively small shop in a popular East Rand based town. The business is however near a large school and is well known by locals.

Premises details:

The lease is on a month to month but a term lease is available should the buyer require. The agreed escalation is 7% per annum, but no increase implemented in the past two years. 90m2 work shop area, 20m2 store room and 80m2 show room.

Size in square feet:

190m2

Business Operation

Expansion potential:

Increased sales, marketing and networking activities will improve sales. Promotions to schools and directs sales to pharmacies, pizza and other relevant customers could yield good results. After sales service and promotion of exciting accessories could also lift profitability.

Competition / Market:

Most of the traditional European and Japanese branded competitors have become completely uncompetitive in recent years. The market has been infiltrated by many cheaper products from the East. Only two brands however consistently met the high quality and a service level required by the market and has assumed market leadership as a result.

Reasons for selling:

Breakdown in the partnership.

Trading hours:

Trading hours is from 08:00 - 17:00 Monday to Friday and Saturdays from 08:00 - 13:00.

Employees:

4, one manager, one sales and two technicians.

Years established:

The business was started by the current two owners 7 years ago and settled at its current location 2 years ago.

Other information

Support & training:

Negotiable.

Inventory / Stock value:

R40,000