Surrey.YE24 Turnover £448,000, with an adjusted EBITDA of £102,000.The company specialises in the design, retail, and servicing of e-bikes, including folding models, commuter step-through designs, mountain bikes, and fat-tyre off-road options.To complement its offering, the business provides an extensive array of repair, diagnostic, and maintenance services from its showroom.The company is being sold to pursue other unrelated business ventures.144% increase in turnover from YE22 to YE24.Strong foundations, proven products, and an established customer base, with several clear opportunities to build further upon success.Benefits from multiple sales channels, such as an e-commerce website, a showroom, and multiple retail partners.Affiliated with Cycle Tech UK. A member of the Association of Cycle Traders, Information Commissioners Office, and the local Chamber of Commerce.Operates from leasehold premises on a rolling lease, but also available as a fully relocatable opportunity.Offers invited
- Asking Price:
- Undisclosed
- Turnover:
- £448,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
