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Asking Price$99,000
Revenue$550,000 Established2012
Cash FlowUndisclosed Employees1 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Ideally located on one of Melbourne's cycling enthusiasts’ favourite routes in the northern suburbs, this profitable bicycle retail business for sale has been established only four years and has already created a strong presence in the biking community.

Currently generating around $550,000 per annum turnover, the business operates just 5.5 days per week for most of the year.

The very reasonable rent of $2,577 per month is complimented by low overheads and outgoings, with a 3x3x3 commercial lease currently in place.

Stocking Giant, Niner and Devinci cycles amongst other things, the shop currently caters to buyers looking for base range cycles, right up to professional and racing cycles.

Also retailing biking accessories including helmets and safety gear, spare parts, tyres, apparel and more, this business is a one-stop-shop for all things bike related.

The current vendor also provides servicing and repairs for customers, with a small workshop area and storage room managing the steady flow of customers.

This relatively small shop can be run by as few as one or two people, maximising profits without the need for much in the way of staff.  The current owner currently operates the business on their own and is happy to assist a buyer in locating a quality bike mechanic to run the servicing side of the business if needed.

For more information on this excellent business opportunity, please contact Senior Business Brokers Damon 0402 225 989 or Petros 0416 000 154.
Ad #87984
Seller Reference #B12407
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Petros Margaritis
0416 000 154
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