Archived
Unique second-hand motorcycle dealership
Batley, West Yorkshire
- Asking Price: £2,500,000
-
Turnover:
The 2022 accounts show a turnover of £5.1m with an adjusted EBITDA of £277,705. The 2021 accounts were impacted substantially by COVID but trade has now resumed back to normal levels.
- Tenure: Freehold
Please quote reference B06513
Hilton Smythe is pleased to offer to the market, this unique opportunity to acquire the 100% share capital, for an asking price of £2m including the freehold property, in this renowned and popular, used motorcycle dealership, which benefits from several additional income streams, from MOTs and servicing to its on-site restaurant and additional income from rental properties.
Established in 2011, JEM Trading (UK) and Dam Cheap Bikes Ltd has grown from strength to strength and presents a rare opportunity to acquire a business of such calibre and potential.
Income streams include:
- Sale of second-hand motorcycles
- MOT and servicing
- Licenced American Diner experience
- Five unit ‘retail village’ providing additional income
- Unique and popular function room with bar
- Two flats let out to long term tenants
There is a fully trained compliment of management and staff in place.
Motorcycle dealership 7 days a week, 8.30am – 5.00pm.
Restaurant 7 days a week, hours vary daily.
The business address is Unit 3, Brookroyd Mill, Bradford Road, Batley, West Yorkshire, WF17 8ND.
Substantial themed premises which are arranged over two levels, comprising restaurant and bar area, kitchen and private function rooms, management offices and customer toilets. Large, open plan motorcycle showroom and 5 individual units comprising a ‘retail village’.
Parking to the front and rear of the premises, with two, two bed, en suite flats to the side of the main building, which are currently rented out to long term tenants.
Tenure
We are advised Freehold premises.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
