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Dealer, 59, sells up to travel the world ‘while he is still young enough’

A dealer of second-hand motorcycles is selling up to travel the world.

Ex-racer Steve Shaw, who will celebrate his 60th birthday next year and wishes to retire after three decades in business, has instructed Blacks Business Brokers to find a new owner for Highbarn Motorcycles in Chadderton.

The asking price is £199,950 for the lease, and the annual rent is £36,000. A further low-to-mid six-figure sum is being sought for stock. Highbarn employs five full-time staff.

Shaw set up Highbarn Motorcycles in 1989, having experienced poor after-sales care from the second-hand motorcycle dealers operating at the time and seeing the opportunity to provide a more customer-focused, service-led approach.

The business started out in Royton, Oldham but by 1993 needed bigger premises and moved to its current location in Chadderton, where it operates out of a large showroom displaying more than 60 motorcycles.

Based close to a junction with the M60, the dealership also transacts a significant proportion of its business online and is said to have customers nationwide and across Europe.

Shaw, whose many trophies are housed in two large cabinets in the showroom, wishes to retire to travel the world while he is “still young enough”.

 

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