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Bicycle Retail Store With Cafe In Melbourne For Sale

Melbourne, Victoria
Asking Price:
$175,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$100K - $250K (AUD)

Over the past 7 years this Business has been positioned in the South Eastern suburbs of Melbourne and has built an excellent reputation and expanded having moved to a larger retail premises. The business has grown significantly and continues to go from strength to strength.

A unique business model and support from our major wholesaler offers a concept in sales which streamlines the operation of the business and cash flow. Support from our major wholesaler is exceptional and with multiple world-wide brands in store, there is the potential for international travel to season launches

• The business sits on a main road with ample parking for servicing the locals and passing traffic.
• Loyal customers already established within the business and growth is expected to continue
with strong social media presence and strong head office support & national branding behind it
• Operating 7 days with a shorter day on Sunday
• Café located within the store which benefits local traders and customers
• Factory style premises offering large storage area and floor space to showcase products

The business stocks a wide variety of high quality bikes and accessories; there is something to suit every type of bike enthusiast ranging from beginners through to professionals. A successful on-site service and repair workshop also provides a valuable recurring revenue stream.

This is an opportunity not to be missed with increasing earnings and the added bonus of options available by negotiation

• Purchase of business
• Purchase of business and building

Training and ongoing support available.

Further information available upon request, please contact seller below for more details.

Property information

Location:

Fast Growing Retail Sector on High Street Location

Premises Details:

+ Located on busy high volume thoroughfare
+ Showroom of 600sqm with excellent exposure
+ Rear container access
+ Ample parking

Size in square feet:
600m2
Planning Consent:

Currently on factory within 200 Braeside that has a Retail Permit.

Business Operation

Reasons for selling:

Other employment commitments.

Trading hours:

Monday 8.00 am – 6.00 pm
Tuesday 8.00 am – 6.00 pm
Wednesday 8.00 am – 6.00 pm
Thursday 8.00 am – 6.00 pm
Friday 8.00 am – 6.00 pm
Saturday 9.00 am – 5.00 pm
Sunday 11.00 am – 4.00 pm
Closed on Public Holidays

Employees:
One Manager/Mechanic & Two Casual Staff
Years established:
7

Other Information

Furniture / Fixtures value:
$20,000 (AUD) - included in the asking price
Inventory / Stock value:
$105,000 (AUD) - included in the asking price
Website:
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