Senacre Cycles 1976 - Independent Bike Shop in Maidstone Kent with FREE Parking, Giant & Scott Dealership
Maidstone, Kent
- Status
FOR SALE
- Date Submitted:
22/10/21
- Advert ID
284816
- Leasehold: £35 (Stock at valuation)
- Rent: £19,800
- Turnover: £350,000 (£6,731 Per week)
- Net Profit: On request
Key Features
- With Car Park
- Offers Invited
- Small Business
- Price Reduced
- Fully Fitted
- Retirement Sale
- Attractive Business
- Company for Sale
- Accounts Available
- Established Business
Business Details
Senacre Cycles Established in 1976 Independent bicycle shop destination store FREE parking bike
BICYCLE SHOP FOR SALE IN KENT
Senacre Cycles is available for sale in Maidstone, Kent, as an independent shop, established in 1976.
We are a Giant & Scott authorised dealership and have solid support from the local clubs.
We stock a full range of adults & children bicycles as well as Electric Bikes. Here at Senacre Cycles we are the authorised dealers of Giant, Scott, Shimano, Sram, Campagnolo, Fizik, Hi5, Mavic, Kinesis, Schwalbe, Continental, Cateye, Hope, Rockshox & more.
The shop is located 2.8 miles from Maidstone town centre and is ten minutes from the M20 motorway. The shop has a double unit over one floor with a spacious showroom & workshop. It is a highly profitable business and has given a turnover of £350,000 in the last business cycle.
The business is equipped with a large workshop repairing all types of bicycles. The shop is facilitated with a seating area for customers and has ample free parking at the front and rear. The business comes with a bicycle fitting service (Giant Watt bike rig on-site).
The business remained open as an essential service during the lockdown.
Sale due to Retirement.
**Audited accounts available after viewing**
Please feel free to get in touch with me for any further details.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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