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Cycle Repair and Electric Bike Sales Business for Sale in Dorset Across Two Locations

Undisclosed, Dorset

CONFIDENTIAL

  • Leasehold: £395,000
  • Turnover: £294,144 (£5,657 per week)
  • Profit: £110,000 (38% Profit margin)

Business Details

Thriving Cycle Repair & Electric Bike Sales Business Across Two High Street Locations


    An excellent opportunity to acquire 2 well-established cycle servicing, repair and sales businesses based in Dorset. Founded in 2006 and 2019, the businesses have grown to offer a full range of cycle repairs and servicing plus parts and accessory sales, with one branch also specialising in electric bike sales and servicing to meet the growing demand in this sector.

    The vendor would consider separating the 2 branches, if required. The first branch is available for £180,000 and the second branch for £235,000, providing flexibility for purchasers seeking a single-site acquisition or a strategic bolt-on opportunity.

    Both sites operate from modern, high-street premises and benefit from loyal domestic customer bases. Clients are typically drawn from up to 10 miles away, attracted by expert quality repairs and servicing plus a range (removed wide) of accessories and parts.

    The businesses are built on a lean operational model, each run by a highly skilled mechanic/partner, ensuring low overheads and solid profitability. Customer retention is excellent, reflected in outstanding Google ratings (4.8/5 across both sites with over 120 combined reviews) and strong word of mouth.

    With minimal direct competition and complementary nearby businesses, the operations are well placed for continued success. They present an ideal opportunity for a hands-on owner seeking a profitable retail and service venture, with further growth potential through targeted marketing and service expansion.
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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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