A Long Established and High-Performing, Bicycle, Parts and Accessories Retail Store

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

Established in 1990

A long-established and high-performing, bicycle, parts, and accessories retail store offering sales, hire, and servicing. Located in a large retail store on Sydney's Northern Suburbs. Well-known in the area, this store was re-branded and completely refurbished in late 2018 by a large bicycle wholesaler who stepped in as the interim proprietor when the owner of 30 years retired. The current interim owners have been operating the business as a stunning example of their recently developed new retail concept.

This business has performed extremely well in the current climate and continues to do so.

* This bike store is a high performing store due to the location, the range available and community engagement and is a key "destination' store in the area
* Support of the largest wholesaler in Australia under a Dealer Agreement, to assist with the growth of the business
* Proximity to coastal tracks, lake paths, mountain bike parks, and popular cycling roads, allows the store to tap into all segments of the local cycling community
* The local area boasts a demographic with a high disposable income
* Largest Parts and Accessories offering in the local area
* Ideal storage area and workshop for an efficient retail bicycle operation
* An industry-leading Point of Sale / Back of House system, Fusion POS, is operating which streamlines operational functions of sales, workshop, and administration
* Over 6,000 active customers on the store database
* Market-leading and highly desirable Bicycle and Accessories brands

Offers over $200k + SAV for this business will be considered.

Get in touch with Paul Smith via email paul.s@businessbrokersnetwork.com.au or on 0420 550 433
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Asking Price:
$200,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2000

Locality

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Established on

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