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North East Scotland Bicycle Shop - Sales, Repairs, High Profit, 30+ Years in Business

Undisclosed, Aberdeenshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    04/04/23

  • Advert ID

    511208

  • Reference

    50177 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £345,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Under Offer: BICYCLE SALES & REPAIRS NORTH EAST OF SCOTLAND

ESTABLISHED FOR OVER 30 YEARS
TURNOVER 2022 £463,503 WITH A HEALTHY EBITDA OF £141,814
ALL TYPES OF BIKES INCLUDING THE EVER INCREASING E-BIKES
LARGE INTERNAL & EXTERNAL SHOWROOM
FULLY EQUIPPED WORK SHOP
RARE BUSINESS OPPORTUNITY ON A LEASEHOLD
A rare and exciting opportunity to purchase a well known bicycle sales, service and repair centre situated in the East of Scotland. Offered for sale after 8 years under the same ownership due to retirement. All tools and equipment will be included within the sale price. Leasehold Ref: 50177 Ref: 50177
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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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Under Offer: BICYCLE SALES & REPAIRS NORTH EAST OF SCOTLAND - 50177 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.