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Specialist niche brand bicycle shop for sale
For Sale
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Description : |
Outstanding opportunity to buy a highly successful bicycle shop
A profitable bicycle sales, hire and repair business
Steady year-on-year increases in sales achieved over last 5 years
Unique marketing strategy differentiating the shop from other bicycle retailers/websites
Located in a well frequented parade in an affluent suburb of South East London
Significant sales to commuters who cycle to Central London
High level of ongoing repair business
Established good links with the local community:
Working with the local authority to support cycling proficiency tests in schools
Hosting cycle maintenance classes
Organising cycling trips in the UK and abroad
Sponsoring local cycling club which meets outside the shop and carries the same name
Awards won for best customer service from cycling magazines
Sale of niche/specialist bicycle brands protects business from aggressive competition
Turnover £270k
Net profit before tax £25k (9%)
Net profit before tax + Owners takings £34k (13%)
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Trading Hours : |
Opening hours: 9am to 5.30pm Tuesday to Saturday
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Staffing : |
Employees: 2 full time staff (excluding vendor) + 2-3 part-time staff as required
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Accommodation : |
Premises benefit from a newly refurbished 3 bedroom flat (possible to sub-let)
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Tenure : |
Leasehold premises with 10 year renewable lease with 5 years still to run
Asking price: £110,000 for assets and goodwill |
Request more information on this business for sale:
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Cycle Shops For Sale
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South London Businesses For Sale
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