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Specialist Retail Bicycle Sales, Servicing And Repairs Business For Sale

UK
Asking Price:
On request
Turnover:
£500K - £1M
Net Profit:
£100K - £250K

Well established retailer with a strong market position and reputation. It stocks models from all of the leading cycle brands, including electric, Road, MTB folding, hybrid bikes and Children's bikes, plus a full range of cycle parts and accessories. The business has exclusive stock and distribution rights for one market-leading brand within its defined catchment area. Servicing and repairs are also a key part of the business, undertaken from its on-site professional workshop. Based in the South-East of England, with a loyal consumer customer base both within and beyond its geographic location. The business has traded strongly in recent times as cycling has increased in popularity both before and during the pandemic, with the potential for further growth. Turnover at YE Jan '21 c £850k with adjusted EBITDA £116k.

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