Popular Bike Shop for Sale Sunshine Coast

26 days ago

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Internal Ref: bus5321

Summary

This business for sale doesn’t just sell bikes. It sells the best quality and most innovative brands of bikes. In fact, $2 million worth in FY2023....

About the Business

This business for sale doesn’t just sell bikes. It sells the best quality and most innovative brands of bikes. In fact, $2 million worth in FY2023.

If you’re passionate about bikes and biking and want to own a shop selling them, start with the best. Find out how you can net more than $200,000 a year doing something you love.

Snapshot:

• Average revenue over the last two years exceeds $2 million
• Gross and net profit growing strongly
• ROI of 28% including stock, 86% excluding stock
• Stock levels are variable, up to $600,000.

Key Details:

• Established more than 10 years
• Stocks the most popular high quality brands
• Good mix of retail, repair and hire revenue
• Open seven days a week
• Fully staffed.

There’s huge growth available from online sales. Also, the electric bike market has a lot of growth left in it yet. To date, marketing has been confined to social media and the website so local marketing can be expanded.

And, if you’re feeling ill-prepared to take the leap to owning your own bike shop, the seller is only too happy to stay on for up to four weeks to ease the transition.

Find out more. Simply click on the yellow Confidentiality Deed icon and complete your details. The exclusive broker will be in touch. He’ll be delighted to give you all the information you need about this popular bike shop.

FOR SALE: $250,000 + SAV

Contact the exclusive broker:

Steve Plant
Benchmark Business Sales & Valuations
M: 0405712600
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5321 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations

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