Bicycle Business- Repairs And Accesories Excellent Opportunity Low Investment

Business For Sale Dingley Village, Victoria 3172

Business Category Bike and Motorcycle Other Retail Repair

$48,998

Description

Bicycle Business- Repairs And Accesories Excellent Opportunity Low Investment

Work in an industry you enjoy, (with very happy customers) which generates high profits for your efforts.

Ideal location with fantastic main road exposure
• Excellent reputation in the industry
• Well established, long run business, est 1979
• Significant opportunity for further growth,-owner mainly doing bike repairs/servicing and bike accessories sales,
Vendor Restricted with capital to expand to sell bikes that are requested , and enjoys doing bike repairs
Huge opportunity to sell a range of bikes and E bikes which are in demand for the area.

This business has built a fantastic local reputation for being the go-to business for any type of bike repair,
d/t quality and affordable services offered to customers .

no shops in local area ,so excellent opportunity for person with bike passion and mechanical knowledge,
or can employ a mechanic and focus on doing bike sales .

Opportunity to expand -ie
retail bicycles ( from entry level, to professional racers, from children's bikes, to high end mountain bikes and electric motor assisted bikes).
The business is in a great location, with a fantastic loyal local following, great branding, and comes with fully integrated point of sale and customer relationship IT systems.
Currently the business has the vendor doing mechanical repairs and accessory sales functions

the owner working a 4-5 day working week in the business


So if you would enjoy receiving healthy profits, and having the spare time +flexibility to spend those profits, and have even a moderate interest in cycling then this business is for you!

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The business provides a huge range of bicycle repairs for all levels of skill and expertise including serious cycling enthusiasts, commuters and recreational cyclists with a selection to suit every member of the family.
The Bicycle Retailing and Repair industry is forecast to continue to grow over the next five years. Consumers have turned to cycling for several reasons, including congested roads and public transport, increasing environmental awareness and rising health consciousness. These trends have led to a resurgence of cycling culture. c
Summary-
Current turnover approx $180k,
Rent $28k p/a plus outgoings

Nett to vendor $70k plus. , with low stress and flexible hours
Huge opportunity to increase turnover and profits with bike sales and employ staff
Price includes shop fit out and assistance for 3 months if required
$79,900 ono
Contact Seller
Premier Equity Group Admin
  • Premier Equity Group Admin

Bsale ID: 545258

Premier Equity Group
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