Established Royal Enfield and AJP Motorcycles as well as Vespa and Aprilia scooters business for sale having a wide customer base and sales and service points on Zanzibar and Mainland Tanzania.
- Asking Price:
- $550,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $500K - $1M (USD)
- Cash Flow:
- $250K - $500K (USD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Three years rental still valid for headquarters in Zanzibar. Arusha office is valid on a year to year basis.
- Leasehold Rent:
-
$5,040 (USD) per annum
- Location:
-
Opposite Abeid Karume International Airport in Zanzibar and the Blue Heron Restaurant in Arusha
- Premises Details:
-
Zanzibar headquarters include small showroom, workshop and office. Arusha location includes office.
- Size in square feet:
- 7,140
- Planning Consent:
-
Properties are rented at very competitive prices and building consent was obtained from the property owners. New expansion projects are in the pipeline for both locations on Zanzibar and Mainland Tanzania
Business Operation
- Expansion Potential:
-
There is a large scope for expansion, especially in sales and service on Mainland Tanzania. There is high demand for the Royal Enfield motorcycle brand, one that we have yet to satisfy.
- Competition / Market:
-
Business started in 2021 and has been rapidly growing, with the company establishing itself as the prime motorcycle rental company on Zanzibar and prime motorcycle touring company on Mainland Tanzania. There is little prospect for competition in the future as no brand in Tanzania is available to compete with the popularity of the Royal Enfield brand we operate.
- Reasons for selling:
-
Due to family reasons company owners are looking to relocate to country of origin
- Trading hours:
-
09.00 - 17.00 on weekdays, 09.00 - 13.00 on Saturday's, closed on Sundays and public holidays
- Employees:
- 10
- Years established:
- 3
Other Information
- Support & training:
-
Company owners and management are available to assist on hand over to new owners.
- Furniture / Fixtures value:
- $10,000 (USD) - included in the asking price
- Inventory / Stock value:
- $250,000 (USD) - included in the asking price
- Website:
- Login or register to view link
- Relocatable:
- This business can be relocated.
