Highlights of the business
– Yearly revenue between $800K-$900K
– GP Margin 40+%
– Expert team of bicycle mechanics
– 8 year lease 4 + 4 year option
– Attractive premises with residence
– Prime location
– Profit $95k
– Sales $900k
A well-established bicycle shop with a loyal customer base to the market. It is a highly regarded specialist in Sydney’s Eastern Suburbs, known for its broad range of new and pre-loved branded bikes and its comprehensive and cutting-edge bike fitting services. The business is a one-stop shop for new or experienced cyclists, supported by a team of highly qualified and experienced bicycle mechanics.
With its stellar reputation, prime location and unlimited potential for revenue diversification, the business is a rare acquisition opportunity for purchasers seeking a lucrative operation.
Call Paul today to learn more about this exciting opportunity!
Listing ID: NSW10843
Broker: Paul Helliwell
Phone: + 61 2 9899 1999 / +61 419 015 046
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis.
Purchasers are required to make their own enquiries in order to verify the information provided.
Keywords: Bicycle Cyclist Bike Fitting Bikes Retail Retailer Repair Repairing
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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