SOLD! Must Sell – Melbourne’s Premium Road Bike Retailer For Sale

This is the perfect business for the passionate cyclist !  Become the proud owner of one of Victoria’s premium road bike stores, turning your passion into profit.

Due to health reasons, this Profitable business (Income to working owner of $160,000 for FY2017) is offered for sale at below replacement cost.

This business ticks all the boxes.

Business Highlights

• In an industry with recent history of growth and future potential
• Profitable business with over 11 years of trading history, good brand reputation and strong online profile
• Ideally located at a busy inner city bayside shopping strip and close to Beach Road
• Established customer base with a database of over 5,000 contacts
• Approx 200 sqm fully fitted retail showroom, workshop, fitting room, generous storage area, office and washing area.
• Reasonable rent of $850 pw (with good lease terms) based on the location and size of the premises
• Existing team of experienced and knowledgeable sales and service staff in place
• Supply agreement with manufacturers/suppliers of leading international brands of bicycles and accessories

The owner has invested so much into this business and inspection will impress. This business provides a very low cost entry into this growing industry, with room for the right person to bring the business to the next level.

To facilitate a quick sale, all offers above $50,000 plus Stock At Cost will be considered.

Further details are available. Only qualified parties will have the opportunity to inspect and meet with the owner.