FOR SALE
652278
NOTE: Rent £550 per month, 1 year rolling, tools and stock supplied in costs, financial info will be supplied after in store visit. These figures are based on a average yearly plan.
Message only to arrange a viewing then we progress!
Experience the opportunity to acquire a well-established bicycle shop, perfect for cycling enthusiasts and entrepreneurs alike. This prime business is located in a highly sought-after area and comes with everything needed for immediate operation. Enjoy local amenities just a stone's throw away, free parking for customers, and a steady flow of cyclists thanks to nearby routes.
Since its inception in 2008, this family-run establishment has built a loyal customer base of 6,000. Catering to diverse cycling needs, the shop offers not only new bicycles and premium family cycles for sale but also a comprehensive repair service with access to an extensive inventory of parts and accessories. With the option for a yearly lease and a turnover of £75,000, potential owners will find this to be a lucrative investment opportunity.
Fully Equipped and Ready for Business
The shop is fully fitted with a workshop that has never turned away a job, ensuring a steady stream of income through maintenance and repair services. Additionally, the business holds trade accounts with leading UK distributors, including Shimano and SRAM, enhancing its reputation and service capabilities. The presence of a well-stocked inventory, along with a café that serves snacks, creates an inviting atmosphere for customers, making their experience more enjoyable.
Future Growth and Support
For those contemplating ownership, the current proprietor is happy to offer two months of free handover training, ensuring a smooth transition. The business has seen turnover increase since relocating to its new site, where competition is notably low. With further potential for expansion into e-commerce and diversification into tools and bike design, the future of this venture looks promising.
A Strong Community Presence
This bicycle shop not only thrives on its commercial success but also plays an integral part in the local community. The surrounding area boasts local trails, paths, and visitor centres, attracting cycling enthusiasts year-round. The online presence and strong social media marketing strategies further enhance the shop’s visibility, contributing to its established reputation. Current profits stand at approximately £15,000, with a potential for growth that aligns with trends in the cycling market sector.
In conclusion, this business is a fantastic opportunity for anyone looking to take over a well-regarded bicycle shop. With an established brand, significant stock potential, and multiple revenue streams, the rewards for the new owner could be substantial. Viewing is by appointment only to appreciate this remarkable offering fully.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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