Thriving Motorcycle Parts & Accessories Business

Description

Business type: motorcycle parts and accessories retail and e-commerce

Location: Moreton Bay Region, Queensland

Current ownership: since 2018

FY2022/23 gross revenue: $1.375 million

Supplier relationships: more than 15 major wholesalers

Online product listings: more than 10,000

Vendor finance: available to approved purchasers

Business overview

Established motorcycle parts and accessories business operating through retail, e-commerce and wholesale referral channels.

Business systems and procedures: developed under current ownership

Supplier agreements: established

Revenue streams: diversified

Business growth: reported by the seller

Products and sales channels

• Motorcycle maintenance essentials
• Specialised motorcycle parts and accessories
• In-store retail sales
• E-commerce store with more than 10,000 listed products
• Established eBay store operating since 2011
• Ongoing supply arrangement with a local motorcycle repairer
• Customer referrals through major Australian wholesalers

Inventory model: fast-moving products stocked in-store, with specialised items ordered as required

Suppliers and distribution

Australian wholesale suppliers: more than 15 major suppliers

Supplier proximity: many located within 50km of the business

International suppliers: established relationships in the United States

Stock management: supported by access to nearby wholesalers, reducing the need to hold extensive inventory

Financial performance

Reported FY2022/23 gross revenue: $1,375,000

Current revenue and net profit: not specified

Sales sources: retail, online stores, repairer supply and wholesale referrals

Operations and staffing

Current management: owner operated

Part-time employees: 2

Staff continuity: both employees have indicated willingness to remain

Operating systems: structured procedures and processes in place

Mechanical experience: not essential, according to the seller

Motorcycle product knowledge and sales experience: preferred

Premises and lease

Location: Moreton Bay Region

Landlord: supportive of a long-term lease arrangement

Lease duration and rental amount: not specified

Growth opportunities

• Expand e-commerce sales
• Develop the existing eBay store
• Increase sales through established supplier and referral relationships
• Leverage regional population growth to attract additional customers

Transition and support

Owner training: available

Handover support: provided by current owners

Existing operating procedures: available to support the transition

Sale

Established motorcycle parts and accessories business: offered for sale

Vendor finance: available to approved purchasers, with terms to be negotiated