Classic (vintage) Scooters Retail Business Web - Mail Order/walk-in/service And Repairs
Relocatable : £ 45,000
Turnover : £ 1,350 p.w.
Gross Profit : 45%
BUSINESS FOR SALE :: Lambretta and Vespa sales, service, spare parts, merchandise. HIGH STREET SHOP / MAIL ORDER / WEB / BRANDED.
Figures and performance:
Turnover from a 5 day week and 6-week regular annual closure = £70,000.
Gross profit = £34,000.
Performance: last quarter of 2007 and first quarter of 2008 performing at levels as high as they have been in the past three trading years.
There are no liabilities or bad debts on our books.
Tenure: Presently operating in a double-fronted High Street location in Bristol, West England. Fully relocatable.
A lease can be granted if buyer wishes to operate the business in situ. We (the present business owners and property freeholders) would happily grant a lease, as required by a buyer of the business. Guide price for medium to long-term leasehold - £8000 p/annum. No premium.
The shop has A1, A2 and A3 classifications so expansion of the shop type is possible (eg. inclusion of a cafe).
Stock (scooters, spare parts, accessories, memorabilia, gifts, clothing, books and DVDs): This is an important aspect of the sale because it is difficult to source a wide range of spare parts for vintage scooters in one go from one supplier at prices that can appeal to the market.
Stock sold At Value (AV), meaning COST PRICE. Stock at value (SAV) in hand = approx. £22,000. This amount may change according to where we are in the season.
Typical profit margin is 40%.
Complete business package including everything except stock. We would accept £45,000 for the business plus SAV if all the stock was taken together.
If we are to be left with any stock to run down (which we'd rather not do) we would require a higher price for the complete business plus SAV.
An agreement on a favourable shop lease may enable us to reduce the business price and SAV combination.
Components of business at a glance:
Web site (www.fanaticscooters.co.uk). Domain name and web content.
online shopping and stock database systems and files
artwork and hard copies of brochures, price lists, flyers, booklets, posters, invoices, templates, forms, etc.
Trading names, styles and brand aspects.
Please note that we have had the business valued independently at £49,000 plus SAV. This is based on turnover figures and grossprofit results.
||Monday - CLOSED
Tuesday - 9.30 - 5.00
Wednesday - 9.30 - 2.00
Thursday - 9.30 - 5.00
Friday - 9.30 - 5.00
Saturday - 9.30 - 2.00
Sunday - CLOSED
||Offered with the option of a new lease (the business owners are the freeholders) on the shop which has A1, A2 and A3 classifications. Or as a relocatable business.