Cycling Store Western Suburbs
Sold
Business Description
As a retailer of a leading global brand of bikes with a high exposure site, this business is easily found and offers off street staff parking & rear delivery access to the secured/monitored premises.
Offering brand protection as a licensed agent of mountain bikes, road bikes, E bikes, children’s bikes together with a variety of parts & accessories, all areas are showing strong returns.
A fully equipped workshop ensures servicing & repairs can be done in-house. With current staff consisting of a manager, two mechanics & two sales staff (one for weekends only), excellent Google reviews & a solid following in the cycling fraternity, servicing & mechanicals could be expanded to after hours & Sundays.
As Australia’s largest wholesaler, support includes online training platforms for new models & products, purchasing discounts, stock priority & best practice reference material.
The staff & business model have been optimised over 38 years of trading & have cemented this store as one of Adelaide’s premium cycling centres & workshops.
At a Glance
- Leading global bicycle brand
- Licensed brand protection
- Operates 6 days per week
- Attractive lease on offer
- Ideal high exposure location
Paul Windle 0410 394 254
Extended Price Information
| Goodwill including Plant & Equipment | $349,000 |
|---|---|
| Stock at valuation (approx) | $150,000 |
| $499,000 |