Scooter & Motorcycle Dealership – Sales & Service - North Sydney

12 days ago

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Internal Ref: RB 366

Summary

Scooter & Motorcycle Dealership – Sales & Service - North Sydney T/O: $3,500,000 - 2025 FY Price: $800,000 + stock $300,000 (approx.) Profit: $400,000

Revenue

$3,500,000 pa

Net Profit

$400,000 pa

Reason for Sale

Retirement

About the Business

Scooter & Motorcycle Dealership – Sales & Service - North Sydney

One of the longest established and most successful scooter dealerships in Australia – Retail

T/O: $3,500,000 - 2025 FY

Price: $800,000 + stock $300,000 (approx.)

Profit: $400,000

This business was established in 2004 on the north shore of Sydney and has since developed the highest reputation for excellence in sales and service.

• Well diversified business model with sales & service, including accessories and spare parts income
• The business is structured with staff in such a way that the vendors do not need to be there for every hour the business is open. This has given the vendors plenty of freedom in recent years to take time off and do some travelling and enjoy other hobbies and sports.
• Fantastic lifestyle business dealing with happy & excited customers
• Vendors involvement in the business is approximately 4-5 days per week.
• There are 12 employees in sales and service parts of the business who are by and large autonomous
• Excellent systems and processes in place – instruction manual for every task
• Best and biggest range of petrol & electric scooter brands in Australia including – Vespa, Piaggio, Peugeot, Aprilia, Sym, Super Soco, Kymco, Segway,
• Plenty of potential to grow and indeed the vendors will help with transition and direction
• Number 1 dealership nationally for Vespa/Piaggio brands and a top dealer in all other brands stocked
• Have over 30,000 customers on the database with full customer history and contact details
• Quality loyal staff in place including sales staff, service technicians etc
• The owners oversee business operation and strategic direction
• Spare parts are sold right around Australia
• Sold over 10,000 motor scooters to customers in 22 years,
• Website attracts 17,000 – 20,000 views per month
• Newsletter sent to over 12,000 customers with over 45% open rate
• Over 30,000 cars going past the shop every day


There are several key areas that this scooter business excels in to be able to retain customer loyalty:

1) Multi-branded - selling the best scooters on offer in Australia and the biggest range under one roof. As a retail store in the suburbs, it’s important to attract customers both locally and from out of area. By stocking Vespa, Piaggio, Aprilia, SYM, KYMCO, Peugeot, SEGWAY and others.

The vendor will offer the right buyer an extensive handover and training period.
The vendors are retiring.

For more information contact Rad Benicky on 0411 610 005 or email [email protected]

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