Currently on offer is a thriving community-based bike shop boasting established revenue streams and an impressive shop fit-out. This store has brand protection, low lease rates and the added benefit of a built-in revenue-generating cafe.
*Taking $15,400 Weekly
*Established Community Presence
*Diverse Revenue Streams ie. On Site Cafe & Website
*Brand Protection for Top-Selling Products
*Low Lease Rates
*Impressive Shop Fit-Out
*Built-In Revenue from Subleased Cafe Space
Walter Beauvais and the team at LINK Melbourne are excited to introduce to the market an established retail cycling business. This community-based bike shop has been a hub for cycling enthusiasts and novices alike. Specialising in the all-road sector, the business offers a diverse range of quality bikes, cycling accessories and services.
This business benefits from a prime position with main road exposure, providing easy access for both local and passing traffic. The location is not only walking distance to public transport but also boasts plenty of nearby parking, ensuring a steady flow of potential customers. The 510 sqm premises with an open floor plan and impressive shop fit-out create a welcoming environment for shoppers.
The business comes with an array of assets, including all plant and equipment valued at $112,548 and an onsite Cafe. Notably, the shop owns all equipment and accessories except for the company van, providing an opportunity for the new owner to consider owning this asset for a nominal payment.
The business presents a significant growth potential for a new owner in the cycling industry. With brand protection, low lease rates, and a built-in revenue-generating cafe (sublease), this opportunity enables for immediate entry or expansion.
To learn more about this offer, contact me today. I would be glad to provide more details to qualified purchasers.
Listing ID: ME02773
Broker: Walter Beauvais
Phone: 0460 301 983
*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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