Summary
The business features an extensive selection of high-end brands, including exclusive products not available elsewhere, and has developed long-term partnerships with these brands.
Location Details
Centrally located facility in Garbutt and situated in a high-traffic area, the shop features a highly visible storefront, a large showroom, and a dedicated workshop for service and repairs, along with ample onsite parking for customer convenience.
Skills
Be good with your hands, people, communication, and business management
Hours
Monday to Friday 7.00am to 5.00pm, Thursday close at 7.30pm
Lease
Good landlord who deals direct, lease expires in 2025, Landlor will be happy to negotiate a new lease.
Employees
1 x Owner operator - 40 Hours per week
1 x Bike Mechanic - Full Time 40 Hours per week
Reason for Sale
Sellers are relocating
About the Business
Crank’d Cycles is a unique business dedicated to quality, convenience, and reliability, offering premium products to customers since commencing operation in 2014. The business features an extensive selection of high-end brands, including exclusive products not available elsewhere, and has developed long-term partnerships with these brands. These strong relationships have helped Crank’d Cycles establish a loyal customer base that consistently chooses them as their preferred retailer and trusted destination for service and repairs.
In addition to its strong physical presence, the business has embraced digital transformation with an impressive website featuring an integrated online store. This strategic move allows Crank’d Cycles to reach a broader customer base, both locally and beyond, offering services such as click-and-collect and 24/7 shopping convenience. The business also boasts a fully equipped workshop that provides after-sales service and repairs for all makes and models of bikes. With high demand, the workshop is consistently booked weeks in advance, ensuring a steady and robust workflow.
Why you should purchase this great business opportunity:
• Established business of 14 years
• Locally owned and operated
• Multi-stream income
• Range of high-quality brands
• Exclusive brands
• Dedicated workshop offering service and repairs
• Awesome website with online shop
• Large Showroom
• Easily accessible with onsite parking
• Repeat clientele
• Continual workflow
• Well renowned in the local community
• Well-presented business
• Profitable business
• Accountants’ figures
• Easily run
• Trades Monday to Friday
Mountain biking has rapidly gained popularity, prompting bike manufacturers to design specialized bikes with durable frames, advanced suspension systems, and off-road tires. This evolution has further fuelled the sport’s appeal, positioning Crank’d Cycles as a one-stop shop for enthusiasts.
The current owner of Crank’d Cycles has nurtured and cultivated the business with a steadfast commitment to delivering exceptional quality products and services, the business is now ready for an owner who shares a passion for maintaining its legacy. Tuition is your ally in this transition and the current owner is happy to provide a generous training period to help you become familiar with the business operations. This training will cover all the essential behind-the-scenes processes, ensuring that the business runs smoothly and efficiently for you in the future.
History
Well established business by the owner 15 years ago
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