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Asking Price$120,000
Revenue$300,000 Established1972
Cash FlowUndisclosed Employees1 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
*Price $120,000 plus *

Established for 50+ years, this bike shop is well known for excellent service and repair of all types of bikes. A stockist of well-known bikes, parts, and accessories, they are now also selling a range of e-bikes.

Well-known and sought-after bike shop due to excellent after-sales care packages on offer - one of the best in the industry.

With a full time mechanic on staff, considered one of the best in Melbourne - all bikes are serviced and built to the highest standard to ensure longer life and a better ride for customers, creating customer loyalty.

On top of having a bricks and mortar retail store, this bike shop also has an online presence, with a website, social media accounts, and online sales - with excellent potential for growth.

The large retail shop also has a workshop - offering lots of display space and storage. The workshop is well equipped with many specialised bike tools and equipment worth $30-$50k. Easily accessible by public transport, the shop also has plenty of street parking for customers.

Trading 7 days: Monday to Friday 10am-6pm, Saturday 11am-4pm and Sunday 12pm-4pm.

Average annual turnover of $300,000. Rent for premises is $2,600 per month incl. GST for a large premises and includes 1 car park. A new lease is available.

A great lifestyle opportunity for anyone interested in the cycle industry.

For more information and to organise an inspection contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.

Ref: B14239
Ad #142302
Seller Reference #B14239
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Chris Panagiotidis
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