Hilton Smythe welcomes to the market Scootlife. This thriving business was originally founded by our client in 2005 has seen year on year growth. Only now does the business come to the market as our client wishes to emigrate.
Scootlife specialises in sale of scooters, both new and used, and all complementary accessories. The business reports an annual turnover in the region of £70,000 with a good gross profit.
The business is very well known in the area and has an established customer base with the benefit of much repeat business. The store is well stocked with well-known brands of scooters including sym, Benelli, Royal Enfield, Daelim and Keeyway. The business is also an approved part suppliers for ve (UK), John Milverton, Sip and Bike it. Additional revenue is generated though the retail of accessories such as clothing and helmets and also the retail of motor bikes and motorised electric cycles.
The business also has a fully equipped workshop whereby repairs and servicing are offered. The business also has a very informative website in situ. We are advised that our client offered bike parts for sale on line, but has had to cease this aspect of the business as was unable to meet the high demand. There is huge potential for a new owner to further income by easily reinstating this arm of the business if required.
Scootlife also benefits from a 360 day stock option, whereby payment for orders for scooters is not required until 360 days later. The business is also an approved dealer for lml.
We are advised that there is also a superb 2 bedroom self-contained flat available by separate negotiation if required.
This is a fantastic niche business opportunity, ideal for a motor enthusiast and we highly recommend early viewing.
The business is located in the market town of Darwen, Lancashire.
Scootlife occupies a prominent trading position within a busy retail parade on the arterial A666. A heavily used commuter road running between Bolton and Blackburn ensuring constant footfall and heavy passing trade throughout the day.
Darwen is accessible from junction 4 off the M65, providing an easy link to the national motorway network beyond. The area has excellent public transport services, boasting its own railway station and regular network of bus services running through the town and out to neighbouring towns and villages.
A single fronted mid parade premise briefly comprising:
Vibrant signage easily visible to passing trade.
Sales/display area purpose fitted to suit trade, centre clothing display stand, helmet display, upright glass display cabinet and adjustable shelving to one wall displaying various accessories.
Through to main office.
To the rear of property is the work shop, fully fitted and equipped including bike lift, tyre Mach, parts washer and a full set of snap on tools and Teng tools.
Toilet and rear access out to large car park.
There is a large storeroom for tyres and spare parts in the basement.
The premises are fully alarmed and covered by CCTV cameras both back and front.
There is also option of a superb two bed self-contained flat on the first floor. (available by separate negotiation).
The business benefits from a free parking layby to the front and a bus stop within walking distance.
We are advised that the shop is to be fitted with a new shop front in the next few weeks.
We are advised leasehold
A new lease is available by negotiation.
Rent is £150 per week.
The landlord is our client.
We are advised by our client he would also consider selling as a business only concern.
The business opens:-
Monday to Friday 9.00am – 6.00pm
Saturday 9.00am – 5.00pm
The business is solely run and managed by our client.
The business reports an annual turnover in the region of £70,000 with a good gross profit.