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Home Business For Sale Popular Bike Shop for Sale Sunshine Coast
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Reference Number: bus5321
5 days ago
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Popular Bike Shop for Sale Sunshine Coast

Listing Price: $250,000 + SAV
Queensland
Sunshine Coast

Business Overview

This business for sale doesn’t just sell bikes. It sells the best quality and most innovative brands of bikes. In fact, $2 million worth in FY2023.

If you’re passionate about bikes and biking and want to own a shop selling them, start with the best. Find out how you can net more than $200,000 a year doing something you love.

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Business Snapshot:

Revenue: Average revenue over the last two years exceeds $2 million
Stock Value: Up to $600,000
ROI: 28% p/a
Earning Type: EBITDA
Average revenue over the last two years exceeds $2 million
Gross and net profit growing strongly
ROI of 28% including stock, 86% excluding stock
Stock levels are variable, up to $600,000

The Key Details:

Established more than 10 years
Stocks the most popular high quality brands
Good mix of retail, repair and hire revenue
Open seven days a week
Fully staffed

Summary

There’s huge growth available from online sales. Also, the electric bike market has a lot of growth left in it yet. To date, marketing has been confined to social media and the website so local marketing can be expanded. And, if you’re feeling ill-prepared to take the leap to owning your own bike shop, the seller is only too happy to stay on for up to four weeks to ease the transition. Find out more. Simply click on the yellow Confidentiality Deed icon and complete your details. The exclusive broker will be in touch. He’ll be delighted to give you all the information you need about this popular bike shop. FOR SALE: $250,000 + SAV Contact the exclusive broker: Steve Plant Benchmark Business Sales & Valuations M: 0405712600 T: 1300 366 521 If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5321 to search for the business. Please ensure you have the necessary capital before expressing an interest in this business. The image shown is for illustration purposes only and may not be an exact representation of the business. Benchmark Business Sales and Valuations
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