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Braintree: Motorcycle parts shop Hein Gericke saved from closure
1:00pm Monday 8th October 2012 in News
A motorcycle clothing and parts shop that appeared to be on the brink of closure has been saved.
The UK arm of the German-owned Hein Gericke company was placed into administration on July 30, putting its 49 stores at risk.
However the Braintree branch, on the Galley’s Island retail park, between Millennium Way and the A120 in Braintree, is one of 16 shops that will stay open.
The stores have been saved after Hein Gericke bought back its previously owned assets as part of a restructure of the German-owned parent group.
Hein Gericke’s Norwich store has been sold to another company, but the remaining 32 UK stores will be closed.
The four employees at the Braintree store - two full-time and two part-time - will all keep their jobs.
Chris Linney, shop partner at the Braintree store, said: “We have put a lot of effort in this year to make the store the best it can be.
“They’ve looked at cold hard figures and seen that 32 stores weren’t really making money and 16 proved they could do so month on month.”