Mac Cycles

Business For Sale Mac Cycles, Boronia, Victoria 3155

Business Category Bike and Motorcycle Other Retail

Family owned and operated bicycle store

$150,000 + SAV

Description

Mac Cycles

• Ideal location with fantastic main road exposure
• Excellent reputation in the industry
• Well established, long run business
• Significant opportunity for further growth

Mac Cycles is a family owned and operated bicycle store specialising in the sale, repair and servicing of a wide range of bicycle types and brands.

The business provides a huge range of bicycles 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 business was acquired by the current owners in 1992 and services Melbourne’s eastern suburbs and surrounding areas. Mac Cycles is well known in the local area for its quality product, premium service and expert advice.

Mac Cycles operates from a spacious retail facility ideally located on Dorset Road in the heart of Boronia’s shopping hub with fantastic main road exposure. The business forms part of the Chandler Arcade and is situated opposite Boronia Junction Shopping Complex. At the rear is Dorset Square which encompasses much of the current retail core of the Boronia Activity Centre including the Boronia Mall and cinema complex located next door.

Both owners work part time in the business. One working 35 hours per week across all aspects of the operation; the other owner working approximately 4 hours per week performing various administrative tasks and sales as required. The business also employs one Mechanic/Sales person on a part time basis.

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.

There is significant opportunity for further growth with the implementation of a comprehensive marketing plan including utilisation of social media. The business performs very little advertising, instead relying on existing customers, referrals, word of mouth and its excellent reputation within the industry.
Contact Seller

Bsale ID: 535965

NAI Harcourts Rinnovate
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