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Listing Id: 34515 Last Refreshed: 03/12/2024 Total Views: 0 Broker Ref: 23238

Est 22 Years Highly Profitable Motorcycle Dealership And Service Center T/O $89,000 weekly

Hobart, TasmaniaAutomotive and Vehicle
Asking Price: $299,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

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Description

Exciting Lifestyle Business Opportunity in Hobart City

Located just 5 minutes from Hobart's CBD, Motorworks Motorcycles has been successfully run by the current owners since its establishment in May 2002approximately 22 years ago.

Boasting prime corner frontage on the busy Argyle Street, this business benefits from high visibility and free advertising, with thousands of vehicles passing by daily.

Selling motorcycles for 7-8 reputable franchises, including brands like KTM, Husqvarna, and Royal Enfield, offering a solid legacy setup that has been carefully built by the current owners.

Operated by 2 experienced working owners and a skilled team, including knowledgeable technicians, Motorworks Motorcycles has a growing turnover and increasing customer demand, ensuring ample business for a new owner.

Perfectly situated on a high-traffic street, this eye-catching location attracts attention from all who pass through.

The leased premises feature a spacious showroom displaying a range of motorcycles, accessories, and spare parts, along with plenty of storage space.

Additionally, there is a fully-equipped workshop for servicing a variety of motorcycles.

As a member of industry bodies TACC and VACC, the business benefits from established relationships with suppliers and clients.

With the increasing demand and solid foundation, the business is primed for expansion under new ownership.

Lease agreement in place and further options are available.

Current stock levels are approx $300k-$350k, floor plan finance facility is available for qualified buyers.

Owner advises and we believe that the business would grow further by doing social media campaigns and investing in digital marketing.

Asking price is set fairly to sell at offers over $299,000+sav+floor plan.

If you are a passionate motorcycle enthusiast looking to start their own venture then take over a highly established and financially sounds business with a stunning track record.

Fully training and handover will be provided for a smooth transition as the owners want you to succeed.

Please contact Paul Scott on 0477 771 098 or Praveen Pant on 0432 256 682 email: pauls@businessbrokersnetwork.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. NOTE: All figures are approximate.

Business Operation

Yes, this is franchise business.
Franchise
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