Bicycle Retail- Service- Parts Business For Sale - Estd. 50 Yrs - Turnover In Excess of $2 Million - Includes Equipment & VW Vito Van - Huge Potential - only $500,000 + SAV
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Bicycle sales have been a massive retail growth area in the 21st Century but even more so today. Covid-19 has meant more people are health conscious and feel a need to get out and exercise and bicycle sales and service has exploded. We are perfectly located on the Bayside in Melbourne's affluent south-eastern suburbs and have been operating for 50 years. The business has a loyal clientele and an enviable customer list which is being sold with the business.
As we said, our shop has been looking after the well-heeled residents of SE Melbourne for more than 50 years. We enjoy high-exposure in a busy street strip shopping precinct with constant walk-by and drive-by traffic. This is a family-run business that has become a significant part of the bayside community with a vast customer base which keeps growing as the population increases at a rapid rate. There is plenty of parking.
The shop is exceptionally well-appointed and includes a fully appointed workshop. There are five well-trained employees who will be happy to stay, if required, while the outgoing owner will help with training to ensure a smooth transition. The business comes with a website, Instagram and Facebook page and has been advertising successfully on Bicycle Exchange. Our popularity has expanded with the help of events that have been run from the shop, including cycling groups and race teams.
The shop stocks a wide range of bikes including road bikes, mountain bikes, kids likes plus a popular range of leisure bikes. It is fully equipped with state-of-the-art tools for repair work and the asking price includes a VW Vito van. With an exceptional turnover that exceeds $2 million, the business guarantees a promising career to aspiring retail entrepreneurs.
Features of the Business
- Bicycle retail and repair business in the affluent south-east suburbs of Melbourne
- Operating for 50 years with great community presence
- High-exposure shop in a high-traffic shopping precinct
- Wide variety of stock ranging from kids bike to racing bikes
- Generates a turnover of more than $2 million annually
- Includes all equipment and a VW Vito van and we have ample parking
- Five well-trained staff members who are happy to stay.
This well-established business is also a high-growth business that offers a stunning opportunity for an owner/operator or an investor to enter the billion dollar bicycle retail industry. With its iconic presence and large-scale customer following, the business offers stunning revenue with high-growth prospects. If you think you can take this successful business to a new level, then please call on the number above TODAY!