 | Cycle Shop For Sale Undisclosed, Cambridgeshire, United Kingdom Advert ref: 1217BW FINANCIAL DETAILS | Asking price: £49,995 Sales revenue: £124,763 Net profit: £28,165 Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Forthcoming retirement prompts the sale of this highly reputable concern with little direct competition in the locality. Enviable reputation.
Offering brand names such as Giant, Probike, Land Rover, Mongoose, Raleigh along with electric cycles with known makes Giant, Europed, Sakura and Powabyke together with the full range of accessories.
With the current focus on the environment the potential to grow this business is ripe and the simple addition of a web site would extend the market place beyond its current range.
RECENT REFURBISHMENT OF PREMISES IN CONJUNCTION WITH SUPPLIER.
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GENERAL INFORMATION | Employees: Owners
Property: Leasehold
Lease terms
Leasehold up to 15 years. Rent £9,500 per annum with review each 3 years (negotiable).
Location
Fronting main High Street
Expansion potential
Sales via Website
Competition / Market
Little direct competition locally
Reasons for selling
Retirement
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The Business Partnership - Leicestershire, South Lincolnshire & N Cambridge | | | |
