Well Established Suzuki Motorcycle Franchise In Johannesburg For Sale

Business description

This is one of the best known Suzuki Dealerships in Johannesburg, and is over 40 years old! The present owner's father started the business in 1969, and he took it over from him in 1996. The business was named the Leading Spares and Backup Dealership by Suzuki for the last five years. They have built up a huge client base over the past 42 years, and have there own Website and are followed by all biking fans on their Facebook page. The business has become a land mark 'near east' of Jhb. They are well known for having the infrastructure to supply all facets of the business, from sales to spares to servicing of bikes including the sale of specialist closthing for bikers. The finance company that originally financed the business is prepared to help with the financing of a prospective buyer, should he require help to procure the business. This is a fabulous opportunity for a biking fan, who has some business acumen, and would like to make a decent living out of his hobby. This business is so well known that all it needs is a hands-on owner who will drive the business personally on a daily basis, as there is 40 years worth of customers that are there for the taking!!

Business Operation

Expansion potential:

There is a huge opportunity to grow the business, but the present owners are limiting opportunities for growth as they are involved in another business that is taking up all their time.

Reasons for selling:

The present owners are involved in another business, and can no longer run both efficiently

Trading hours:

Monday to Friday 08h00 -17h00; Saturdays 08h30 - 12h30; Closed on Sundays.

Employees:

There is a staff compliment of 8, besides the owner and his wife.

Years established:

Established 40 years.

Other information

Support & training:

The owners will stay on for a period to be discussed, to help train the new owner. Suzuki Head office will also be consulted.

Financing available:

The Finance Company that originally financed the business is willing to discuss finace with the new owner.

Furniture / Fixtures value:

R150,000 (included in the asking price)

Inventory / Stock value:

R3,000,000