Fri, 17 Dec 2010 | BUSINESS SALE
Harley-Davidson dealer Dockgate 20 Motorcycles Ltd has called in business rescue experts David Rubin & Partners LLP after it decided not to renew its franchise agreements, due to expire on December 31.
The business, which has two dealerships - one in Southampton and the other in Slough, has not entered a formal insolvency procedure and could be sold as a going concern.
It is understood that the dealership’s Southampton showroom is still open, but customers looking to purchase any bikes are being directed to contact Eastbourne-based business rescue and insolvency firm Adam Smith Business Developments Ltd.
Up to 18 employees face losing their jobs at the business. One member of staff said: “The staff are no longer employed here and we won’t be paid next month.”
A spokesperson for the business rescue firm is reported to have commented that the intention is for Dockgate to continue trading but couldn’t comment on whether the dealerships will remain open or if the employees are retained in their jobs.
The dealerships sell and maintain new and used Harley-Davidson motorcycles, motor clothes and collectibles.
Acquire a well-established business known for bespoke customisations of luxury watches and jewellery, offering exclusivity and elegance to discerning clients.
This is a rare opportunity to acquire a well-established vehicle sales business in South East England, renowned for its prestige services and reputable clientele, including high-profile individuals. The director's willingness to stay on in an operati...
LEASEHOLD
This established company, with a loyal client base and a solid management team, is positioned for growth through proactive marketing strategies and boasts a strong project pipeline.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.