{"id":43774,"date":"2023-10-19T19:39:16","date_gmt":"2023-10-19T19:39:16","guid":{"rendered":"https:\/\/lethal-industry.com\/?p=43774"},"modified":"2023-10-19T19:39:16","modified_gmt":"2023-10-19T19:39:16","slug":"bike-dealer-forced-to-close-with-multiple-job-losses-after-costs-soar-the-sun","status":"publish","type":"post","link":"https:\/\/lethal-industry.com\/world-news\/bike-dealer-forced-to-close-with-multiple-job-losses-after-costs-soar-the-sun\/","title":{"rendered":"Bike dealer forced to close with multiple job losses after costs soar | The Sun"},"content":{"rendered":"
A MOTORBIKE dealership has been forced to close, putting several people out of work.<\/p>\n
Holeshot Motocross, which specialised in motocross and enduro bikes, in Salisbury, Wiltshire, closed its doors for the final time on September 20.<\/p>\n
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The closure has meant five people have lost their jobs.<\/p>\n
Administrators at Begbies Traynor were appointed on October 6, Business Live reports.<\/p>\n
The firm, which specialises in business rescue and restructuring said the process was now underway to sell off the company\u2019s remaining stock.<\/p>\n
Simon Lowes, based at Begbies Traynor\u2019s Southampton office said Holeshot Motocross had experienced \u201csignificant difficulties\u201d over the past 12 months, suffering from reduced margins on its bake sales and the increased cost of finance.<\/p>\n