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Bicycle Shop In Farnborough For Sale

Farnborough, Hampshire
Asking Price:
Under £50K Furniture / Fixtures and Inventory / Stock included
Turnover:
£100K - £200K
Net Profit:
£50K - £100K

Flexible price £30,000 to £60,000 depending on what stock you want.

We are a family run business that has been in operation since 2011, we started it from scratch and have seen it grown to where we are today with a steady clientele of mountain bike enthusiasts. We stock a large range of accessories and spares and offer servicing and repairs of all makes of bikes. We stock Saracen, KTM and Orbea bikes and offer the cycle to work scheme and finance.

The shop is 800 sq ft with a workshop at the rear, kitchen area and toilet/wash down bay. The shop front is directly on the pavement with up to 2 hour pay and display parking outside on the road and a large Pay and Display car park very close by. We are on a busy through road which has various shops drawing a regular footfall. We have an excellent web site and Facebook profile with many followers.

If interested please contact the seller through the form on this page.

Property information

Property:

Leasehold

Lease Terms:

Short or long lease available to commence upon sale

Leasehold Rent:

£12,000 per annum

Location:

Popular mountain biking area, on a busy main street, near Farnborough, Hants.

Premises Details:

Single retail shop with front road position

Size in square feet:
800 sq ft

Business Operation

Expansion Potential:

The shop has room to expand. You could increase turnover and profit by employing another member of staff and expand it's opening hours as we are closed Wednesday's, Saturday's pm and all day Sunday.

Competition / Market:

There are no local bicycle shops near to us.

Reasons for selling:

Retirement

Trading hours:

Monday, Tuesday, Thursday, Friday 9 - 5, Saturday 9 - 2

Employees:
1
Years established:
7

Other Information

Support & training:

Would be prepared to oversee change and offer support for a month, this is negotiable.

Furniture / Fixtures value:
£10,000 - included in the asking price
Inventory / Stock value:
£50,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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