This is a rare chance to purchase a highly successful and reputable motorcycle parts & accessories business with a solid track record of success.
Since taking over the reins in 2018, the current owners have developed and implemented procedures & systems, creating a blueprint for success for the next owner. Whilst no mechanical / automotive experience is required, the business would be ideally suited to an owner / partnership with an understanding of motorcycles & some sales experience.
Located in the Moreton Bay Region of QLD, the business has established supplier agreements in place with over 15 major wholesalers. As most suppliers are located within a 50km radius, this provides a strategic logistical advantage over its competitors requiring the store to carry minimal stock. Combined with long-term relationships with suppliers in the USA, these purchasing plans allow the business to offer a diverse range of parts and provide a steady supply of sought-after products.
With annual gross revenue for FY 22/23 of $1.375M, the business has a strong track record of growth. This is, in part, due to the multiple income streams created.
- In-Store Retail Sales: In-store inventory is focused on stocking a range of fast-moving motorcycle maintenance essentials. Specialised accessories and parts are ordered from suppliers as required.
- E-Commerce Store: Currently offering over 10,000 parts, and developed with growth in mind.
- eBay Store: Established in 2011, and recently upgraded, this additional revenue stream expands the business's reach and visibility.
- Supply Agreement with Local Repairer: This strategic partnership ensures a steady income stream and fosters mutually beneficial growth.
- Referral Agreements with Major Australian Wholesalers: The daily referrals generated via these partnerships further broaden our customer base, and repeat / ongoing sales.
The landlord welcomes a long-term rental agreement, ensuring the continuity of the business moving forward. The business is operated by the owners, and 2 part time staff who are available to stay on. The owners are committed to a seamless transition and are willing to provide training and support during the handover period.
Vendor Finance is available to approved purchasers, with terms to be negotiated.
With a population nearing 500,000 and a land area of more than 2,045 square kilometres, the Moreton Bay region is one of the largest and fastest growing areas in Australia. Over the next 20 years, an additional 200,000 people are expected to call Moreton Bay home. Renowned for it's natural beauty, it boasts access to the iconic waters of Moreton Bay, the D'Aguilar mountain range. extensive waterways, wetlands and bushland corridors with an abundance of wildlife, much of which is of national and international significance.
With proven procedures and systems in place, the business is poised for further growth and expansion under the leadership of an energetic new Owner. Don't miss this opportunity to capitalize on the existing foundations and take this business to new heights.
Further information and financial details will be provided after confidentiality requirements have been completed.
