CYCLE & BMX SPECIALIST RETAILER & E COMMERCE BUSINESS

Key Features:

• Established since 1984
• Highly respected industry name
• Specialist BMX retailer
• Successful e-commerce website
• Warehouse premises in Hitchin
• Fully relocatable operation
• Two owner-managed business
• Extensive supplier network
• Large customer database
• UK & worldwide shipping
• Excellent online reputation
• Significant repeat business
• Strong growth opportunities
• Offers Invited

ONLINE, RELOCATABLE CYCLE & BMX SPECIALIST RETAILER & E-COMMERCE BUSINESS SUMMARY:

Established since 1984
Highly respected industry name
Specialist BMX retailer
Successful e-commerce website
Warehouse premises in Hitchin
Fully relocatable operation
Two owner-managed business
Extensive supplier network
Large customer database
UK & worldwide shipping
Excellent online reputation
Significant repeat business
Strong growth opportunities
Offers Invited

Comprising the leasehold interest, business goodwill, with all trading stock included.

DESCRIPTION:

Long Established Specialist BMX Retailer & E-Commerce Business – Established Since 1984.

An exceptional opportunity to acquire one of the UK's longest established and most respected specialist BMX retailers.

Established in 1984, Custom Riders has built an outstanding reputation within the BMX industry and has become a recognised name amongst riders throughout the UK and internationally.

The business specialises in the retail of BMX bikes, frames, components, accessories, clothing, footwear, helmets, protection equipment, scooters, skate products and associated merchandise from many of the world's leading manufacturers. The company is renowned for its extensive product range, knowledgeable customer service and rider-led expertise, earning a loyal customer base built over more than four decades.

Operating from warehouse premises in Hitchin, Hertfordshire, the business combines a successful e-commerce website with click-and-collect facilities and worldwide distribution. The operation enjoys excellent Google visibility, repeat trade, strong supplier relationships and an established reputation throughout the BMX community.

The business is owned and operated by the two vendors, both lifelong BMX enthusiasts with extensive industry knowledge. Having carefully developed the business over many years, they have created an exceptionally well-known brand with substantial goodwill and an enviable reputation for customer service and product knowledge.

The warehouse premises can be relocated if required, allowing the business to operate from alternative premises without affecting its established online trading activities.

Businesses of this calibre, combining an established industry name, specialist expertise, loyal customer following and significant online presence, rarely become available on the open market.

LOCATION:

The business currently operates from warehouse premises situated at Unit C, 43 Bury Mead Road, Hitchin, Hertfordshire.

The premises provide storage, stock handling, dispatch and click-and-collect facilities whilst the majority of sales are generated through the company's established e-commerce website.

As the business trades predominantly online, a purchaser could relocate the operation to alternative premises, subject to their own operational requirements, whilst maintaining continuity of trading.

ADDRESS:

Unit C

43 Bury Mead Road

Hitchin

SG5 1RT

BUSINESS:

Established in 1984, Custom Riders has become one of the UK's leading independent BMX specialists.

The business supplies an extensive range of premium BMX products sourced from many of the world's leading manufacturers and has developed long-standing supplier relationships across the industry.

Sales are generated through:

Established e-commerce website
Online sales
Click & Collect
Telephone orders
Email enquiries
Repeat customers
Social media marketing
Worldwide shipping

The business benefits from an excellent reputation for customer service together with expert technical advice, attracting customers ranging from beginners through to professional riders.

The company's reputation has been built upon specialist knowledge, quality products and excellent customer support, resulting in significant repeat business and customer referrals.

There remains considerable scope to further increase turnover through expanded digital marketing, additional marketplace sales, international marketing and continued product range development.

PREMISES:

The business currently occupies warehouse accommodation providing:

Stock storage
Order processing
Packing facilities
Dispatch area
Click & Collect collection point
Administrative office

The premises operate efficiently with organised stock management and fulfilment systems.

The business could be relocated to alternative warehouse accommodation should a purchaser wish to do so.

OUTSIDE:

Loading and unloading facilities together with customer collection arrangements enable efficient day-to-day operation.

Orders are dispatched daily throughout the UK and overseas using established courier services.

PRODUCTS:

The business supplies an extensive range including:

Complete BMX Bikes
BMX Frames
Forks
Handlebars
Wheels
Tyres
Seats
Pedals
Chains
Cranks
Sprockets
Pegs
Brakes
Helmets
Protective Equipment
BMX Clothing
Footwear
Skateboards
Scooter Products
Accessories
Replacement Parts

Stock includes products from many leading industry brands including Odyssey, BSD, Cult, Sunday, Haro, WeThePeople, Vans, Shadow Conspiracy and numerous other internationally recognised manufacturers.

FINANCIAL DETAILS:

Comprehensive accounting information will be made available to genuinely interested purchasers following an initial viewing.

Further information regarding turnover, profitability and trading performance is available upon request.

COMMENTS:

Custom Riders represents an exceptional opportunity to acquire one of the UK's longest established specialist BMX retailers.

The business combines over forty years of trading history with an excellent industry reputation, an established e-commerce platform, loyal repeat customers and extensive supplier relationships.

With increasing online retail opportunities, worldwide shipping capability and an established brand recognised throughout the BMX community, considerable scope exists to further develop turnover through enhanced digital marketing, additional product ranges, expanded international sales and online marketplace growth.

This opportunity would ideally suit:

Existing cycle retailers
E-commerce operators
Sports equipment suppliers
Online retail businesses
Industry entrepreneurs
Owner operators
Trade buyers seeking expansion through acquisition

Businesses of this quality, with a trading history spanning more than four decades and an established national reputation, rarely become available.

FLOORPLAN:

Floorplan provided for general guidance only; not drawn to scale.

FEATURES:

Power to office and storage kitchen
WC facility
Kitchen facility
Sliding door approx. 1.5m wide x 2.0m high
UPVC double glazing in storage kitchen
LED Lighting through out
No Heating
2 Car parking Forecourt loading and 3 car parking
Ground floor height

Office / Packing Room 5.5m x 5m.

Storage Approx 12m x 5m.

Kitchen 2.3m x 2.3m.

Entrance 1m x 2m.

WC 1.5m x 2m.

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL INFORMATION: In order to release further information on the business – such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

BUSINESS TYPE: Online BMX Retailer.

FOR SALE AS A GOING CONCERN:Yes.

REASON FOR SALE: Lifestyle Changes.

REFERENCE NUMBER: CY37256B.

OPENING HOURS: The business operates Monday to Friday 8am to 5pm.

The established website accepts customer orders twenty-four hours per day, seven days per week, providing continuous income generation.

TENURE: Leasehold warehouse premises with a current rental value of £7,000 per annum.

The business can be relocated should a purchaser wish to operate from alternative premises.

The premises currently benefit from Small Business Rates Relief, resulting in no business rates being payable.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of, or the grant of a new lease.

RENT PAYABLE: £7,000 per annum.

RATES PAYABLE: The premises currently benefit from Small Business Rates Relief, resulting in no business rates being payable.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: The business is run by the two owners.

The vendors possess extensive industry knowledge accumulated over many years within the BMX sector and provide customer support, purchasing, stock management and day-to-day operational management.

Subject to agreement, a comprehensive handover period could be made available to ensure a smooth transition for an incoming purchaser.

PRICE: £160,000.

For the goodwill, established trading name, website, fixtures & fittings, stock at valuation at £100,000 and all associated business assets.

VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.

FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our specialty. If you're curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.

CONTACT:

020 3982 7200.

[email protected].

www.emfgroup.com.

EMF.

7-8 Portmill Lane.

Hitchin.

Hertfordshire.

SG5 1DJ.

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DISCLAIMER:

1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01908 904555.