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Refer to Broker
Bicycle Retailer and Workshop, with e-commerce site.
This unique opportunity includes a well-established bike workshop, shopfront plus E-commerce site that offers a fantastic lifestyle with untapped growth potential.
The business specialises in the sale, custom build, repair, and maintenance of track and velodrome bikes, as well as road bikes. Catering to a loyal and diverse customer base, the store serves everyone from daily commuters to Olympic-level athletes.
Additional Revenue streams from a fully operational e-commerce store expands the business's global reach, making it a standout in the cycling community.
The business operates seamlessly with one owner managing mechanical duties and retail sales, a second owner contributing approximately 10 hours a week in admin, sales, and e-commerce roles, and the help of casual employees.
Great value rent on offer with new lease.
Only $65,000 plus stock at value (SAV)
Key Features
– FY24 Sales Revenue: $628,607
– 1 x FT working owner (bike mechanic), 1 x Part time owner (e-comm & admin)
– 2 x casual employees (retail & admin roles)
– Inner-City Location
– Workshop & Retail Store 5 days a week, 10 am to 6 pm, good lifestyle business
– Exclusive Australian Distributor of unique track-focused brands
– E-commerce Site
– High-Quality Stock
New lease: 3 years, Option: 1 x 3 years
Rent: $1,700 per month plus gst.
Join the elite cycling community with ties extending to Australian Cycling and State Institutes of Sport.
Business Broker: Jodie Castle
Ref: BR01574
Mobile: +61 406 109 150
Email: jodie.castle@linkbusiness.com.au
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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