Fantastic Lifestyle Bicycle Sales Centre

Business For Sale Western Australia

Business Category Bike and Motorcycle

$338,0000 + Stock


Fantastic Lifestyle Bicycle Sales Centre

Ideal for an owner operator

One of the most popular in the Great Southern region The Goldfields Ride Ride and Ride

This is the market leader in this ever-expanding growth area.

About the Business:

The nearest bike shop is 400 km away, Target has gone and Kmart no longer stocks bikes in town
A Dealership business, the parent company being Sheppard Cycles Australia.
2 years ago, the Owner upgraded the fit out at a cost of $50,000 to bring it into line with other My Ride Dealerships across Australia.
Established in a very accessible location.
Huge turnover every year with sales and profits increasing every year.
Turnover $865,302 in 2019 & 816,439 in 2020 despite Covid-19 rules
Good term lease with good rent. currently $2,020 Monthly or $24,240 pa
Amazing opportunity to own this independent, popular bicycle centre.
You don't need to be a bicycle scientist to own this business - a good business mind for buying and selling is all you need - the rest will come.

Here is your opportunity to live and work in sunny WA Great Southern region with a top-quality business.

This unique, quality, high income, money making machine is built on excellent new business growth, referrals and repeat customers who return regularly because of the good value, high quality products and the friendly service provided.

This is an exceptional, exclusive retail and repair centre that attracts enthusiasts from all over Western Australia.

Key points:

Proven profitable enterprise
Thriving accessible premises with unlimited parking
Successful original ownership of 10 years
No use by dates, No debtors
Fantastic fixtures and fittings purpose built
Exceptional profits
The nearest bike shop is 400 km away; Target has gone and Kmart no longer stocks bikes in town
New term lease to negotiate with good rent. 5 years lease, either straight or 2 years with 3 years option, current rent $2,020 Monthly or $24,240 pa

This is the go-to centre for all bicycle items - Bikes, Accessories and Spare Parts. Sales and repairs

A few bikes in the shop are available for rent out to people who need them, visiting Nurses etc and more new ones at the Tourist Bureau which they rent to Tourists. The business gets 90% of this revenue and look after upkeep.

Summer or Winter it doesn't matter - this business generates positive revenue growth all year round.

The stock just keeps going out the door.

Highly efficient stock control systems ensure up to date stock levels and excellent reporting.

Fully stocked premises with easy parking.

Anybody can easily learn to operate this business.

If you love having fun, you will fit in well here.

Everybody knows this popular supplier of top brand recreational products.

Huge potential for expansion to other locations or franchise opportunities.

If you are looking for a change in pace and want a great lifestyle with income, this is for you.

*Own Due Diligence required

Asking Price: $338,0000 + Stock

For further information on this opportunity, please contact:

Bud Baddour
Business Broker
Benchmark Business Sales and Valuations

If you'd like to know more about the business go to our website XXXXXXXXXX and use the reference: bus2718 to search for the business.

Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Services, Amusement and Entertainment, Tour Business
Contact Seller
Bud Baddour

Bsale ID: 546588
Broker REF: bus2718

Benchmark Business Sales and Valuations
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