This Iconic bicycle store has been around for many years, established in 1968. Many past generations will fondly remember buying their first “bike” from this store. This store has been modernized complete with architecturally designed shop fittings and layout. The store fully set up and offers both beginner and serious cyclists to get all their bicycle needs be that buying or servicing.
Included in the sale is the start of the art e-commerce website, which receives weekly orders online.
No cost has been spared in this business and the sale includes a Point of Sale system as well as strong relationships with existing suppliers.
The current owner has emigrated and this has created an excellent opportunity for a vibrant buyer with a love for cycling to buy this business.
The business truly offers endless potential. If you are a bicycle enthusiast and looking for your own business then this will tick all the boxes.
To find out more about the business turnover and financial position make contact with the listing broker.
|Staff:||3 (1 x Manager front shop, 2 x mechanics)|
|Rental:||Landlord willing to negotiate rental with new owner|
|Asset Value:||Approx R700,000|
|Cash Flow:||on request|
|End of Current Lease:||August 2020.|
|Years Established:||5 years.|
|Trading Hours:||Monday to Friday 08H00 - 17H00 ; Saturday 09H00 - 12H00|