With a growing demand for classic bike parts owning this business is an opportunity for you to tap into a niche market and expand your reach globally. The e-commerce outlook for businesses is extremely positive and with the increasing adoption of digital technology customers are turning to online channels for their shopping needs. Now you can take advantage of this trend and reach customers worldwide.
Having experienced phenomenal growth since it started in 2016 it is well positioned for continued success with over 5400 spare parts in stock. Customers can easily find the parts they need on the website or through email orders. The demand for classic bike parts, especially those from British brands, is likely to remain strong as long as there are enthusiasts and collectors who are passionate about preserving these iconic machines.
As the owner of this business, you will enjoy the benefits of owning an E-commerce platform including increased reach, 24/7 availability, lower costs, scalability, personalization, convenience and more significant insights into customer behaviour and preferences. You can also take advantage of the growing popularity of vintage motorcycle racing and shows in Australia and expand your customer base by showcasing your products at these events.
2022 financial year sales were $789,000 with 2023 projected to increase again. An owner-operator will earn (PEBITDA) around $200,000 as per the 2022 financials. These numbers were achieved with the business operating from the owners’ double garage, there is the flexibility to operate from industrial premises if so required.
The customer base is Australia wide with some overseas, predominately from New Zealand and North America.
Despite the already impressive growth, there is scope to further grow the business by:
Online advertising, eg Google, Facebook, Multi-channel online marketing, eg E-bay, Amazon and How-to videos
This is a rare opportunity to acquire a successful and growing online business that caters to a passionate and dedicated community of classic motorcycle enthusiasts. Don’t miss out on a chance to turn your passion into a profitable business.