Independent cycle retailer for sale in Killearn, Glasgow
Killearn, Stirling
- Status
FOR SALE
- Advert ID
641650
- Reference
2817 / Rightbiz
- Call Agent:
- Leasehold: £195,000
- Turnover: £700,000 (£13,462 per week)
- Profit: On request
Key Features
- Ample parking facilities
- Ample storage capacity
- Attractive business environment
- Bicycle business opportunities
Business Details
One of Central Scotland’s leading independent cycle retailers for sale, Killearn, Glasgow
The Business Sales Agency are delighted to bring to the market this rare opportunity to acquire one of Central Scotland’s leading independent cycle retailers.
Successfully selling an extensive range of middle to high end electric mountain and road bikes together with upmarket kids bikes.
Established for over 10 years and highly regarded with excellent reviews for customer service and a strong following on social media. The business also enjoys an excellent reputation for workshop services with high demand throughout the year.
This growing operation had annual net sales in 2024/25 of £515,000 and is on target for sales in excess of £700,000 for 2025/6.
Limited company share sale including stock, leasehold interest, workshop equipment, fixtures & fittings for sale at offers over £195,000.
Further details:
This profitable well regarded cycle retailer attracts affluent customers from Glasgow and areas north of the city. Established for 10 years it benefits from a strong repeat customer base.
It has agencies for many leading manufacturers including adult bikes from Amflow, Santa Cruz, Juliana, Scott, Yeti and Cube together with children’s bikes from Scott and Cube.
It also has established accounts for most key distributors of cycle parts and accessories.
Operating in the middle to top end of the market the business enjoys a high average spend per sale.
With 80% of bike sales now being electric bikes this shop it well placed for further growth.
The shop is located in a high footfall area within the Oakwood Garden Centre complex which has ample parking and is in an ideal area for test rides.
Financial information:
This is an easily managed profitable business with net sales for 2024/25 of £515,000. 2025/26 on target for over £700,000. Stock at cost between £160,000 - £190,000 depending on the season.
The fully equipped workshop with powerlift stand and specialist tooling which is worth in excess of £10,000 is included in the sale price.
Further financial information can be made available to serious interested parties after viewing.
Staff:
It is run by the two owners with two full time and one part time staff members.
Opening hours:
9am - 5pm Monday - Saturday. 12noon - 5pm Sunday.
Premises:
The shop is a large attractive modern unit with ample retail space to the front and workshop with store to the rear. There an extensive car park for customer parking and test rides.
Tenure:
Leasehold. Rent £16,800 per year. Rent includes rates and utilities. Current lease runs until 2035 and can be extended.
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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.
Be safe, use a Rightbiz Solicitor
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