- Award Winning Cycle retailer established over 15 years
- Six Major Bike Brands in an Independent Retailer setting
- High Street store and e-commerce channel
- Strong brand positioned for rapid growth
- Leading EPOS and Web Platform
- Leasehold premises approx 3000 sq feet over two floors
- Modern and clean store presentation
- £260k stock
- Accounts to November 2025
- £201,000 Gross Profit. £73000 Net Profit
- Offered Debt free
- Customer Database and CRM capabilities
- Asking Price:
- On request Furniture / Fixtures and Inventory / Stock included
- Turnover:
- On request
- Net Profit:
- On request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
10 Year Lease from April 2022. 5 Year break in March 2027
- Leasehold Rent:
-
£24,000 per annum
- Location:
-
Prime High Street Location with High Visibility.
- Premises Details:
-
Traditional Construction. Open modern layout over two floors
- Energy Performance Rating:
- D
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Name, culture and system platforms make this business ideally placed for expansion throughout the UK. Franchise potential.
- Competition / Market:
-
A destination store for nearby large affluent Towns. Competitive stores ten miles away
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday to Saturday - 9am to 6pm
- Employees:
- 5
- Years established:
- 15
Other Information
- Support & training:
-
Handover period of 3 months
- Furniture / Fixtures value:
- £50,000 - included in the asking price
- Inventory / Stock value:
- £260,000 - included in the asking price
- Relocatable:
- This business can be relocated
