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Refer to Broker
Refer to Broker
Business Broker
Melbourne
Currently on offer is a bicycle retailer, selling a world-renowned brand. It has been operating since 2011 and has become a trusted source of high-end and excellent-quality bikes.
*$28,827 average weekly revenue
*7-day operations
*$100,000 worth of plant and equipment
Tony Latessa and the team at LINK Melbourne are excited to bring to the market this premium bicycle shop being offered under market value. It offers a range of cycling products and services for first-time riders and experienced cyclists. The business has a wide range of new bikes, parts, accessories and clothing among others.
The business also provides servicing, upgrades, fitting and adjustments to cyclists both new and experienced. Products sold by the business include indoor trainers, heart rate belts and bike gears among others.
Operating the business is an owner-operator working full-time. Notwithstanding the owner's involvement, the business is semi-managed. Purchasers desirous of being active in operations have an incredible opportunity to step into the owner's role.
The business is open seven days per week, capitalising on its excellent commercial location. It is near major roads, enabling increased accessibility to customers travelling by car or bicycle. The suburb in which the business is located has 237 cycle routes to explore, pointing towards a good cycling environment among locals and visitors.
This business is put up for sale by a genuine vendor who knows he has a good business, however, due to private matters this sale has now become important that a sale is achieved soon. This business is a great business for anyone in the industry or wishing to start fresh. The Vendor is willing to assist in the changeover. ALL OFFERS WILL BE CONSIDERED.
To learn more about this exciting opportunity, contact me today! I would be glad to provide more details to purchasers.
Listing ID: ME02539
Broker: Tony Latessa
Phone: 0412 525 151
Email: tony.latessa@linkbusiness.com.au
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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