Bicycle Sales, Accessories, Workshop and Espresso Bar Brisbane East #5176RE-CP

8 days ago

Location:
Brisbane City 4000 > Brisbane - Greater > Queensland

Investment level:
$350,000 + SAV

Type:
Business

Industry:
Retail > Specialty retail

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Internal Ref: 2776

Summary

This is a very attractive business. Strong sales, high profits, in the growing and important health and fitness sector, and absolute gem!

About the Business

This family owned highly successful bicycle sales, accessories, mechanical workshop and espresso bar is offered for sale for the first time after 11 highly successful years of operation. This is the go-to shop for knowledgeable advice and service. Offering a full range of top quality brands incorporating road, MOUNTAIN BIKES, TRIATHLON, CRUISER...., electric bikes, hybrid and kids bikes.

THIS BUSY WORKSHOP IS FULLY EQUIPPED TO WORK ON MOST MODELS AND MAKES.

This bicycle business has so many upsides to offer, including:
* Brilliant lifestyle business
* Sales in excess of $1.4m for 2020, sales at 31 January 2021 in excess of $1m
* Very significant net profit to one working owner
* Rent $923 per week plus outgoings
* Strong online presence
* Long lease or the purchase of the freehold property is available.
* Easy parking ( building has its own car parks)
* Brilliant main road location and exposure
* Espresso bar with sales of over $96,000 pa
* Very strong community hub

This is a very attractive business. Strong sales, high profits, in the growing and important health and fitness sector, and absolute gem!

Price $350,000 plus SAV (approximately $200K)
Commercial freehold property available at $825,000

To find out more information about this business, please complete the confidentiality agreement quoting reference number: 5176RE-CP
https://absbusinesssales.com.au/confidentiality-agreement

Broker: Hugo Martin| E: hugo@absbrisbane.com | P: 0411 617 140
Head Office | P: 07 3368 4010| E: reception@absbrisbane.com

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