Rare Opportunity! Own A Thriving Bicycle Business Near Caulfield!

Business For Sale Hughesdale, Victoria 3166

Business Category Bike and Motorcycle Entertainment Tech

$150,000

Description

Rare Opportunity! Own A Thriving Bicycle Business Near Caulfield!

Are you ready to take the reins of a successful and long-established business? Look no further! This is your chance to own a highly profitable bicycle centre with over 35 years of history and a stellar reputation.

Key Highlights:

Prime Location: Situated in a bustling area near Caulfield, this business spans over 440 sqm, drawing in a steady stream of customers.
Strong Earnings: With current takings around $17,500 per week and a vendor-claimed net profit of approximately $200,000 per annum, this business offers solid financial returns.
Stock & Margins: A robust stock valued between $300-350K ensures that you're well-positioned to maintain high margins and meet customer demands.
Affordable Lease: Enjoy a favorable lease at just $1,580 per week, securing your investment with minimal overhead.
Growth Potential: This business is ripe for expansion, offering ample opportunities to increase profitability and make your mark in the industry.

Why is it for sale? The current vendor is retiring due to health issues, creating a rare chance for a motivated buyer to step in and continue the legacy.

Don't miss out on this incredible opportunity! Contact Judy now at XXXXXXXXXX before it's gone!
Contact Seller
Judy Zhang

Bsale ID: 649072
Broker REF: 313

Business Brokers Network Australia
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