Business Hilton Smythe welcomes to the market Twist & Go Motorcycle which was established approximately 25 years ago and owned by our client for the previous 7 years. The business genuinely comes to the market as our client wishes to move to another part of the country.
Twist & Go is a motorcycle repair, service centre and mot centre, well known in the area, with good support from local residents, in addition to good connections to many insurance companies.
All work is derived from the existing client base or word of mouth recommendations, with currently no advertising undertaken. We believe the purchaser should invest in a webpage and have a presence on social media to promote the business to new custom.
The business is currently solely run by our client at a pace to suit. However, previously our client has employed several staff to meet demand. Giving scope for the purchaser to expand the business again if desired.
Hilton Smythe highly advise early viewing to avoid disappointment.
Location Twist & Go Motorcycle is located in Hatfield, Hertfordshire, to the rear of the marketplace close to other local shops and opposite a free car park.
The area is easily accessible from the A1 (M) and has a good network of public transport with good bus connections and railway station.
Premises There are lockable double opening gates to the front of the premises leading to a small yard area giving mot parking and access to the garage via double opening doors.
Outside of the premises is a hatched area specifically for parking for the motorcycles either being sold or serviced by Twist & Go.
The garage service area has an mot area and service area with two motorcycle ramps.
There is also a Ti Cripton brake tester, mot weight machine, tyre machine and other tools to suit the trade.
Off the main garage is a small office with mot computer, kitchenette with WC off and a ladder leading to the mezzanine level for storage.
Tenure We are advised the business is being sold as a leasehold business opportunity. Our vendor has a rolling lease and currently pays £9,000 per annum rent. The landlord will grant a new lease.
Hours The business opening hours:
Tuesday-Saturday: 9.00am-5.00pm These hours have been reduced to suit the pace of the owner and with the help of other staff the hours could be extended to generate more income.
Staff The business is run and managed by our client.
Financial Profile Twist & Go generated an advised turnover of circa £68,452 as of the 2015 accounts, with a gross profit of £29,160.
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