Buy a business

Thriving Cycle Sales and Service Centre in West Midlands

Confidential Sale

West Midlands

Advert ref: 1742TRB

The Business Partnership are very pleased to be marketing for sale this thriving, long established and well known Cycle Sales, Service and Repair Centre located in a prominent position of a busy North Birmingham town high street.

Originally established more than 20 years ago and under the present ownership for the last 3 years, the business  has gained an excellent reputation in the region for high quality products and services. In great demand due to the huge upsurge in the popularity of cycling in general following the advent of Covid-19, the business offers an extensive range of cycles and maintenance services, including all types of repair & general servicing, hydraulic brake & fork servicing, wheel building & repairs etc., and is able to supply and install any parts necessary from the excellent selection of in-store parts & accessories.

With sales of circa £100k on a very good GPM of 50%, the business has a strong financial base and excellent potential moving forwards. 

The business is operated from premises owned by the vendor and new negotiable term lease at £900 pcm will be available.

This is a business offering huge potential for further development at a very reasonable and realistic asking price.

For further information please click through or contact the Business Partnership Birmingham office for more details.

Key features:

  • Long Established & Profitable Business
  • Recent Upsurge in Demand for Cycles
  • Prominent High Street Location
  • Full Sales and Maintenance Services
  • Reasonable Rent for Location
  • Dedicated 2 Storey Premises
  • Full inventory of Tools and Stock

Property Details: Leasehold
Asking Price: £49,995 + Net Assets (Leasehold)
Turnover: £100,000 Annual

Thriving Cycle Sales and Service Centre in West Midlands West Midlands

Financial Details

  • Leasehold: £49,995 + Net Assets
  • Turnover: £100,000 Annual
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