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Profitable Ebike MTB Retail Business Bigpeakes in Newton Abbot Devon Up For Sale

Newton Abbot, Devon
Ebike MTB Retail Business For Sale on the Edge of Dartmoor, Photo 1
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Ebike MTB Retail Business For Sale on the Edge of Dartmoor,
  • Asking Price: £160,000
  • Turnover: £400,000 (£7,692 per week)
  • Profit: On request

Key Features

  • New Lease
  • Established Business
  • With Car Park
  • Prime Location

Business Details

Ebike MTB Retail Business For Sale on the Edge of Dartmoor,

Retirement Sale

 

Bigpeaks.com

 

Due to the Owner of the business wishing to retire, we have reduced the price right down to attract a new audience.

 

Was £320k now £160k including fixtures and fittings.

 

Superb modern building with a Bicycle Business operating from it for over 25 years.

Central Location with easy access to the A38

Huge and far reaching catchment area: Dartmoor, South Hams, local towns

Situated on the edge of Dartmoor National Park

Great team small but mighty, specialists with massive experience

Little local competition

This attractive business has a Superb reputation

Great Brands

Huge E bike and bike expertise

Far reaching catchment area

Attractive business on a lovely well kept business park

Open plan 2 storey sales floor

Busy modern workshop, enviable expertise

Huge Car Park and business park estate for bike testing

19 parking spots owned

 

Generous rental terms, the present Owner also owns the impressive building, with options to buy this Building at 3 and 6 years with c.970 plus years left on a 999 year Lease

 

Circa £100k stock with Terms of payment available

 

Please note: We have judiciously reduced the stock in the last couple of years with a view to selling. The business is being run by the experienced manager, with little day to day input from the owner who has been semi retired for the last couple of years.

 

Opportunities:

 

E-commerce

Electric Bike Hire

Organising Local Bike and associated Events

Localised direct marketing

Increased Social Media Marketing

Water sports integration

Snow sports integration

Walking and Climbing integration

 

In the last couple of years the present owner has stepped away from the business on a day to day basis, due to temporary ill health and the wish to take his well-earnt retirement.

 

The business has dropped off and we are now taking a more realistic view of the sale of the business from the previous valuation. The business now needs a younger energetic owner to get involved and bring it back to its rightful status as the best bike related business in the region.

 

There are many opportunities for the right person to put their stamp on the business and grow it quickly and easily. All the tools are there to do so.

 

The owner wishes to ‘help’ the new incumbent to make the business easy to afford and to give that new person the opportunity to bring the business on.

 

The price now includes over £40,000 of fixtures, fittings and bike related storage, specialist tooling and workshop facilities.

 

February 2025

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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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