Bike shop for sale in Wythenshawe Manchester, Threadgold Cycles established in 1905
Wythenshawe, Manchester
- Status
FOR SALE
- Advert ID
297139
- Freehold: £60,000 (Stock at valuation)
- Turnover: On request
- Profit: On request
Key Features
Business Details
Manchester’s Oldest Bike Shop est 1905. Busy shop and workshop. Huge potential for growth.
Pedalling since 1905, Threadgold Cycles is a cycling institution that has served and supported the people of South Manchester and beyond for over 117 years.
With a very busy repair and service centre the shop has a regular customer base that sees customers return time and time again.
A reputation for great customer service and honest value brings in new customers through recommendations on a daily basis.
The shop currently sells mid range bikes from well known brands across all disciplines and specialises in tricycles.
With a rich heritage and traditional workshop Threadgolds has featured in national advertising campaigns with Olympic gold medal winners for big name brands and had hosted Sir Chris Hoy and the BBC.
This fantastic shop has huge potential for a buyer to take things to the next level from an online shopping perspective whilst maintaining and growing footfall.
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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.
Stay Safe
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.'.
Stay Safe
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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