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Cycling Shop - Bikes, Cycling Accessories & Components

$95,000 + SAV

  • ID Ref BR1370
  • Suburb Altona Meadows
  • State VIC
  • Status For Sale
  • Cycling Shop - Bikes, Cycling Accessories & Components

Business Description

CYCLING SHOP - sales, repairs and service with a successful 20 year trading history in the Altona/ Point Cook corridor.

ASKING PRICE: $95,000 plus SAV (Stock at Value approx. $135,000)

This popular business offers customers a range of bikes (mainly Giant and Focus), expert advice, and quality service and repairs. The range includes:

- Bikes (Mountain, Road, Hybrid, Kids, Electric, Cyclocross & CX)
- Accessories (Lights, computers, pumps, bags, etc)
- Clothing
- Components (Drive train, brakes, seats, saddles, etc)
- Frames & Forks
- Helmets
- Shoes & Cleats
- Tyres & Tubes
- Wheels & Parts

SNAPSHOT
- Annual Sales: FY18 $865,000 (excl GST), FY19 tba
- Open 6 days per week (closed Sundays)
- Large customer database
- Perfect business for a cycling enthusiast to generate a comfortable living
- Flexible lease terms, rental $44,000 per annum
- Full shop fitout included in sale, including workshop, tools, work stands, etc

STRENGTHS/ BENEFITS
- Open plan layout renovated two years ago
- Huge following of loyal customers in and around Altona region
- Doing a reasonable level of online sales, but massive growth opportunity for someone experienced in this area
- Very competitive and long-term lease available

Contact Cameron Ryan of bbroker on 0411 145 114 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link and completing your details. Please quote reference BR1370.

A full Information Memorandum will be provided only after the completion of a Confidentiality Agreement.

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Business Features / Snapshot

Your Business Broker

Cameron Ryan

Business Location

Altona Meadows, Victoria 3028