This is a fantastic opportunity to purchase a well established, profitable, ebike retail business situated on the edge of Dartmoor, Devon.
The business started in 2000 and has grown from strength to strength, they have created a very loyal customer base accross the whole of the South West region.
Bigpeaks sells a range of board sports products as well as an extensive range of over 80 road and mountain bikes.
The staff are well trained and passionate about all things ebike. The workshop is highly regarded as one of the best in the region.
The store also sells a range of clothing, tools and accessories which creates additional revenue and profit.
The new owner has an opportunity to buy the remaining 974 year lease on the building (was 999 yrs) and that a renewable 6 year Lease is available with a 3 year opportunity to buy.
The building was valued in 2022 at c.£560k and the annual rent in 2022 was £37,500
The owner will provide a full handover.
There are a number of growth startegies for a new buyer to consider
1. Build an Ecommerce channel to sell ebikes across the UK
2. Open new Bigpeaks branches across the UK
3. Build on the previous success of running MTB events and create some new races around Dartmoor that will bring in more customers from outside the region.
The owner is now looking to sale the business to the right buyer who can really grow the business and continue the legacy of Bigpeaks while he enjoys his retirement.
If you love ebikes, this is the business to buy!
