Bicycle Sales and Service Business is Booming - Fantastic Value - Tamworth NSW

9 days ago

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Summary

Business ID: BS144492On track for over $1M in sales for FY21- Income to owner over $120KStarted by one of the current owners 4.5 years ago this business has experienced consistent growth in sales...

Location Details

BS144492

About the Business

Business ID: BS144492

On track for over $1M in sales for FY21- Income to owner over $120K

Started by one of the current owners 4.5 years ago this business has experienced consistent growth in sales and now produces a very healthy income for a working owner.

Located in Tamworth NSW, the business operates from modern premises that benefit from off-street parking. The business is the only one of its type in town that offers customers the choice of 5 bike brands. The business has been priced to sell.

-FY21 On Target Revenue $1m+
-Return to working owner over $120K
-Well established with good products
-FY20 Revenue $720K
-Excellent premises with fair lease terms
-Income from equipment sales and maintenance
-Small number of staff required

The owner will provide 2 weeks of training and handover after settlement.

This business has been very keenly priced to facilitate a quick sale and has very healthy sales growth year on year.

The business will appeal to a cycling enthusiast and there is sufficient income for the business to be run under management and return a healthy ROI for the buyer.

Make a tree change and enjoy a fantastic lifestyle in Tamworth NSW

Sale Price of $99,000 plus SAV

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