Absolute Bargain!

A brilliant opportunity to acquire a high profit, well established Bayside bicycle shop with a popular take away coffee cart.
This business has been trending to a broad spectrum of cyclists and locals for 11 years and is being sold by the owners.

About the Business

A brilliant opportunity to acquire a well established bicycle shop catering from kids to elite athletes.
It is situated 500 metres from the waterfront in an area with a large cycling community
Established and owned by a local family.
Over the years they have built up a strong repeat clientele.
Be your own boss.
Annual sales exceeding $1.5M (ex gst)
Gross profit $495K(ex gst)
Net profit $335K
Large database with local customers
Website & webshop
Strong social media presence.
Fully equipped bicycle repair shop
Well established coffee cart operational 6 mornings a week
Price includes all equipment and training
Industry best brands for bicycles and accessories

Premises can be offered as a freehold

Need somewhere to live? 6 bedroom family home, built 6yrs ago available for purchase next door. Modern, spacious & convenient. Very quick commute to work!
Bring your family. Jobs for everyone.

Become part of a dynamic, fun cycling community

You now have an amazing opportunity to secure a highly successful business with a well established, loyal customer base, that will provide a great ongoing income. It is a unique set up and proven incredibly resilient in the Covid 19 crisis.

Live the Bayside life. And when you are not cycling, enjoy boating, fishing, kayaking and jet-skiing, all on the doorstep.



Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.