For Sale
Well established independent bike shop for sale
Caerphilly, Mid Glamorgan
- Asking Price: £199,995 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £120,000. Further financials can be made available upon request.
- Tenure: Freehold/Leasehold
Please quote reference B07342
Hilton Smythe are delighted to welcome to the market Pee Gee Motorcycles, a highly rated independent bike shop in Caerphilly, South Wales.
Pee Gee Motorcycles was originally established over 40 years ago, with our client taking ownership over 10 years ago. The business has built up an excellent reputation and very loyal client base. As seen by the online ratings and reviews, the business is extremely popular within the region.
The business has now come to the open market due to our clients desire to move onto other business ventures.
Pee Gee Motorcycles are a small independent bike shop that has been supporting bikers in South Wales for over 30 years.
They're re able to offer bike repairs such as, Ultrasonic Carb Cleaning, break calliper stripping and rebuilding, electrical test and fault finding, fork seal replacement, wheel bearing renewal together with many other minor services associated with keeping your bike safe on the road.
Pee Gees offers a fair and honest ‘one-stop’ MOT service at more competitive rates than main dealers.
They can also arrange to collect your bike from storage and carry out an inspection to highlight any necessary repairs and maintenance needed to restore the bike ready for the open road.
We are advised that the business is run and managed by our client, with the help of 1 member of staff.
The current trading hours are -
Monday – 09:00 – 17:00
Tuesday – 09:00 – 17:00
Wednesday - Closed
Thursday – 09:00 – 17:00
Friday – 09:00 – 17:00
Saturday – 09:00 – 16:00
Sunday - Closed
Pee Gee Motorcycles is located on Bedwas Road, in Caerphilly, South Wales.
Ground floor -
- Workshop area
- Office
- Service area
Tenure
We are advised that the business is being sold on either a Freehold or Leasehold basis.
Leasehold - £49,995 +SAV, with a new lease to be negotiated with the buyer. Rent is £9,000 per annum.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
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.
