Longstanding Motorcycle Dealership and Repairs in Wiltshire

Melksham, Melksham
REF: R07913

Asking Price:
£69,950
Annual Turnover:
£79,000
Annual Net Profit:
£21,000
REF: R07913

Overview

Tenure:
Leasehold
Established:
1948
  • Excellent reputation
  • Loyal customer base
  • Huge growth opportunity
  • Equipment included in sale
  • Low overhead costs

The business for sale is a dealership which specialises in motorcycle sales, servicing, and repairs in Wiltshire. It also retails a good range of accessories to cater to all motorcyclists’ needs.

Originally established in 1948, Bob Missen Motorcycles has a rich history in Melksham’s community and has developed a great reputation.

The enterprise was founded by Missen himself before being sold to a second owner in 1974 due to Missen’s retirement. The business was then sold to the current owner in 2012.

The dealership has been in the same workshop space for 73 years in Watsons Court, making it a renowned destination for avid motorcyclists in the surrounding area. Its showroom was previously in Church Street but relocated to Watsons Court approximately 20 years ago.

This is a unique opportunity to take on a very well-established motorbike dealership and repair centre which still comes with plenty of scope for further development.

Bob Missen Motorcycles is based at spacious, well-equipped premises in Melksham. The property’s front exterior features hard standing for bikes and on-site car parking for approximately 4-5 vehicles.

A large shutter door to the left of the property’s exterior opens to the large workshop space which comes fully equipped for all servicing and repairs.

The right side of the property has a main entrance door and a fire exit door. In this portion of the premises you will find an office, tearoom, W/C, an old office/showroom, and the main show room space.

The company operates an informative website and has a Facebook page. All the business’s equipment is included in the asking price, enabling the buyer to successfully begin trading on day one. Unfortunately, however, a transitional period is not available with this sale.

The ideal buyer for Bob Missen Motorcycles would be an existing bike dealership who wants to have an immediately strong presence in the Wiltshire county. However, it would also be a unique business opportunity for anyone who has a keen interest in bikes and is aware of the company and its longstanding reputation in the area. With an exquisite history and proud status as the only on-road bike dealership in the area, the buyer will be primed to be a successful fourth owner for the business and develop its legacy further.

To grow the enterprise, the new owner should consider bringing in Yamaha and/or Honda bikes. The nearest franchise dealership is based in Bristol, over 40 miles away from Bob Missen’s, and so this would be a very strong method of developing its reputation and financial profile further.

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  • Close to local businesses
  • On-site car parking
  • Nearby car parking
Rent
£6,756
Rates
£0
Lease Term
3
Lease Expiry
2021
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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