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Independent, Established Competition/serious sport and leisure cycle dealer, plus Servicing spares, repairs and clothing
For Sale
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Description : |
Independent, Established Competition/serious sport and leisure cycle dealer, plus Servicing spares, repairs and clothing.
Confidentially offered for sale
Ref No: AM080
Location: Essex
Asking price: £175,000 plus stock at valuation
The business was established at this site in 1998 and has since grown in size and stature to become one of the area's pre-eminent bicycle retailers. Ideally located in Essex, and operating from large premises, the business specialises in the sale of professional racing, serious sport and leisure cycles, accessories, parts, services, and repairs. It prides itself on the precision workmanship that it offers clients.
Key assets can be found in the business's ongoing client base and excellent customer care skills. Its industry expertise and excellent client service have contributed to its past success and resulted in an established database of clients.
The business offers the investor an excellent opportunity to invest in an established name that prides itself on exemplary time management, work turn around, commitment and leading product range
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Trading Hours : |
9.00 am – 6.00 pm Monday – Saturday
9.00 am– 3.00 pm Sunday
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Staffing : |
The business is owner run with three additional full time staff, consisting of a Business Manager, a Secretary/Sales advisor and a Mechanic/Sales advisor. Part time staff includes one weekend Sales assistant. |
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Tenure : |
The business operates from large leasehold premises of approximately 2,100 square feet, plus mezzanine level for sales display of circa 800 square feet. Rental cost is £12,000 per annum with a new lease available for 10-15 years wih a 4 year break clause on the tenants side. Rates are additional at £5,600 per annum. |
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