Bicycle Sales And Service – Business Is Booming! Fantastic Value – Nsw

Business For Sale Tamworth, New South Wales 2340

Business Category Gyms Petrol Station Trade Services

$185,000

Description

Bicycle Sales And Service – Business Is Booming! Fantastic Value – Nsw

Business ID: BS144492

ROI 12 months!! Income to working owner $190K



Started by one of the current owners 4.5 years ago this business has experienced consistent growth in sales and now produces a very healthy income for a working owner.

Located in Tamworth NSW, the business operates from modern premises that benefit from off street parking. The business is the only one of its type in town that offers customers the choice of 5 bike brands. The business has been priced to sell and all stock is included in the listed price.

-Well established with good products
-FY21 On Target Revenue $1m+
-GP 40%
-FY20 Revenue $720K
-Around $80K of saleable inventory included
-Excellent premises with fair lease terms
-Income from equipment sales and maintenance
-Small number of staff required

The owner will provide a 2 week handover after settlement.

This business has been very keenly priced to facilitate a quick sale. Enjoy a pleasant lifestyle business that has maintained strong sales throughout the Covid outbreak.

The business will appeal to a cycling enthusiast and there is sufficient income for the business to be run under management and return a healthy ROI for the buyer.

Asking Price: The goodwill, assets and all stock are for sale for $185,000 (plus GST if any).
Contact Seller
Amanda Bolton
  • Amanda Bolton

Bsale ID: 504829
Broker REF: 5736893

Xcllusive Business Sales Pty Ltd
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