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Bicycle Repairs and Sales Store for sale in Harby, Leicestershire with loyal customer base.

Harby, LeicestershireEst. 18 years
Bicycle Repairs and sales Store Photo 1
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Bicycle Repairs and sales Store
  • Status

    FOR SALE

  • Advert ID

    660023

  • Asking Price: £50,000
  • Turnover: On request
  • Profit: On request

Key Features

  • Community-focused retail experience
  • Convenient location near transport links
  • Digital marketing opportunities
  • Diverse revenue streams

Business Details

Bicycle Repairs and sales Store

Discover a thriving bicycle shop for sale in Harby, Leicestershire, offering a one-stop solution for all cycling enthusiasts. Established in 2008, this family-run business has cultivated a loyal customer base of 6,000, providing services that include new bicycle sales, comprehensive repairs, and a wide range of parts and accessories. This opportunity is ideal for anyone looking to step into a well-established and reputable operation.

With flexible lease terms available, prospective new owners are positioned to take over seamlessly. The business boasts a fully equipped workshop, allowing for all types of repair jobs to be undertaken. Equipped with trade accounts from the leading UK distributors such as Shimano, SRAM, and Campagnolo, the shop is well-positioned to cater to all cycling needs. Additionally, participation in the Bike2Work scheme further enhances its appeal to a broad customer base.

Prime Location and Retail Space

Located in an affluent area of Leicestershire, the shop benefits from community-focused retail experiences and easy access to public transport links. Ample free customer parking is available for at least four vehicles, alongside dedicated worker parking to support daily operations. The well-organised retail space ensures that a diverse range of bicycle accessories and maintenance products are prominently displayed, making it easy for customers to find what they need. This includes popular items such as locks and cleaning supplies from established brands like Muc-Off and Oxford.

Online Presence and Marketing Potential

The business enjoys a strong online presence, with a fully operational domain and e-commerce solutions already in place. High rankings on Google's listings have led to increased clicks and customer engagement through an attractive point-of-sale environment that encourages impulse buys. There is ample opportunity for digital marketing and online expansion, which could significantly increase revenue streams.

Expansion Opportunities and Support

For those ready to embrace new challenges, this sale presents numerous avenues for growth, including the expansion into areas such as tools and bike design. The shop also offers potential refurbishment opportunities and alternative use scenarios. With experienced staff management already in place, any new owner will benefit from continued support and guidance during the transition. Training opportunities will also be extended to ensure a smooth takeover.

While the current owner is retiring, there has been a consistent increase in turnover over the years, highlighting its potential for further growth. The selling price is negotiable and includes significant stock, fixtures, and equipment, presenting an attractive proposition for anyone passionate about cycling. This is not just a business; it’s an opportunity to build upon a legacy in an engaging and scenic environment.

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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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