Ref 2906, Bicycle Retail And Repairs, Eastern Suburbs

Prominent street location with huge street exposure. Established since 1979.
The rent includes a one bedroom clean apartment. Approximately 120sqm, it also has a turbo room fully equipped.
It brings in good revenue per annum.
Cost of equipment approximately $25,000.
This is a solid business for a young and enthusiastic person as the owner is retiring. It includes a showroom, workshop and turbo room (training).
Selling at a great price. It has been involved with the Olympic games for many years and has a huge following.
TURNOVER: $950,000pa
LEASE: 4 + 4
RENT: $ 1,850 incl.GST - includes 1 bedroom upstairs
WAGES: $1,538
STAFF: 1 Full Time - One owner gets wages as well of $160,000 per annum.
TRADING: 6 Days - Monday - Friday 9am - 5pm
Saturday 9am - 2pm