Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Established Local Bike Shop In Twickenham For Sale

Twickenham, London, UK
Asking Price:
£160,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£182,000
Net Profit:
On request

Well established profitable local bike shop in Twickenham.

We are a friendly local bike shop which has been running since 2012. We have a loyal customer base covering a range of different customers from regular commuters to families to event road cyclists. In addition, we also built a reputation for doing a range of custom work for customers.

Located on the local high street in a parade of shops with a mix of residential, office and commercial businesses.

We are sole agents in the area for some exclusive brands.

We are open 6 days a week

The premises is comprised of:

  • Forecourt/Customer Parking
  • Shop sales area.
  • Workshop
  • Two workstand spaces
  • Storage on-site
  • Staff toilet
  • Kitchen area (Fridge, Kettle & Microwave)
  • Rear business parking (space for bike cleaning, storage & workspace)

The price includes a secure lease (10+ years remaining) extendable, goodwill, fixtures and fittings, all stock (bikes & accessories) and tools.

The tools are worth £15K and the stock value is £ 68K.

Property Information

Property:

Leasehold

Lease Terms:

10+ years remaining on renewable lease.

Leasehold Rent:

£17,720 per annum

Location:

Twickenham

Premises Details:

Shop is in a small parade on the local high street with a mixed local customer base from domestic premises to Offices and Commercial premises. We are part of a thriving local community.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There is scope for the new owner to build on the reputation of the business and to stamp their own mark on the business and expand it as you see fit.

Reasons for selling:

Retirement

Trading hours:

9.00am - 5.30pm Monday to Friday
9.00am - 5.00pm Saturday
Closed Sunday

Employees:
Owner plus one experienced mechanic.
Years established:
12+

Other Information

Furniture / Fixtures value:
£15,000 - included in the asking price
Inventory / Stock value:
£68,000 - included in the asking price