A unique business opportunity is now available for purchase - Wilson's Bike Hub Dapto. This business has a first class reputation within the local community. The Wilson's Bike Hub brand is c
About the Business
About this opportunity
A unique business opportunity is now available for purchase - Wilson’s Bike Hub Dapto. This business has a first class reputation within the local community. The Wilson’s Bike Hub brand is currently in 4 locations and has operated successfully in the Illawarra for over 37 years.
Wilson’s Bike Hub Dapto is experiencing solid growth, stocking the leading brands in Bikes & Scooters, Parts & Accessories and has a fully equipped Workshop. The business is perfectly located on the busy Princes Highway Dapto providing the business excellent brand exposure whilst servicing one of the fastest growing areas of New South Wales.
This business is ideal for a single owner, family or business partnership. All the hard work has been done establishing suppliers, store fit-out and initial investment. This business is ideally positioned to continue its strong growth and to continue to be a real local favourite.
Ease of Operation
The business is currently run under management. The current owners have utilised simple and effective systems that have served the business well over many years. The business’s site has plenty of room for growth with the ability to increase stock on display and storage.
Strong Profits & Return on Investment
This business is a proven profit performer and continues to grow. The financials are detailed in the available Business Prospectus and show an impressive business;
- 29% Sales growth from FY2017 to FY2018.
- 44% - 3-year Sales Growth (FY2016 to FY2018).
- 75% Profit Growth from FY2017 to FY2018
- 158% - 3-year Profit Growth (FY2016 to FY2018)
- 34% Current Return on Investment (ROI), approx. 50% ROI for an owner-operator.
Opportunities for Growth
Prospective purchasers would be safe in the knowledge that they are buying a business in a booming town and region. The current owners have successfully run this business and there is strong growth potential for energetic new owners to take this business to the next level.
The new owner will have the benefit of being part of an established brand and take advantage of the goodwill of the brand and current marketing activities or have the flexibility to create their own brand. There are no limits to this opportunity!
Training & Support
The new owner will have the assurance of a smooth transition with a handover and training two-week period provided. The excellent website and current advertising in place will ensure the business brand and service requests continue to drive the business revenue and profits.