Offering a great lifestyle, the business is a SPECIALIST RETAILER of bicycles, parts and accessories and has a small well established Brisbane WORKSHOP.
An additional benefit of an E-COMMERCE store attracting domestic & international customers.
Here's your chance to own a bespoke bike retail and workshop business
The business has a strong focus on the sale, custom build, repair & maintenance of track and velodrome bikes as well as road bikes.
With a loyal and diverse customer base, from daily commuters through to Olympic level athletes.
The store runs seamlessly with one owner with mechanical duties & retail sales & second owner on a part time basis of approx 10 hours a week in an admin/sales/e-commerce role.
$178,000 plus Stock at Value
Stock held is of the highest quality.
Key Features
- FY23 Sales Revenue $710,530
- FY23 Adjusted normalised profit $80,309
- Excellent inner city location
- Workshop & retail store, 5 days a week, 10 am - 6 pm.
- Exclusive Australian Distributor of unique track-focused brands
- E-commerce site selling niche items world wide
- Lease terms to be negotiated with incoming owner.
An outstanding opportunity for a new owner to be part of the cycling community. The business ties extend to Australian Cycling and state Institutes of Sport. With current owners a proud sponsor of a major Velodrome.
A perfect acquisition for a bike mechanic - with a love for cycling and a strong work ethic.
Business Broker: Jodie Castle
Ref: BR01574
Mobile: +61 406 109 150
Email: jodie.castle@linkbusiness.com.au
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
Ref: BR01574
Timestamp: 20240311103003
