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Bike Shop Ninety Three Years In Carnegie For Sale

Carnegie, Victoria, Australia
Asking Price:
$319,999 (AUD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
$100K - $250K (AUD)

Summary-Premium bike business and Dealer Brand

93 year history
33 year current owner in demand bike brands including BMC,Merida ,Norco new shop shop fit out 12 mths ago 420m2 shop affordable $59k rent ,19 years left with 3 lease options, In excellent Premium location and accesible with parking within 500m to Australias biggest shopping centre area has great disposable income and families who are the regular,repeat clientelle

$1.6-2million t/o
Nett profit approx.-$200k plus after paying all staff
f/t staff and part time
Excellent workshop- 1 full time mechanic, fulltime +p/t shop sales

Sales up this year alone 20-30% with the Booming cycling industry only getting bigger and bigger

Sell bikes from-$200-$13k

Also sell Ebikes- with strong increasing Sales ,

This is an Excellent Solid business with a high reputation in the industry and well known
No Similar dealers/shops close by

Selling Price-$450k ono plus SAV (approx. $200k-$350k)

Work in an industry you enjoy, (with very happy repeat customers) which generates high profits for your efforts.
price Includes -
All the required staff and equipment to operate the bike business
•New fitout and lease
plus includes the reputation of 93years history of the shop and 33 years of current owner who is well respected in the industry and with all suppliers
• generations of new bike riders visit this shop !!!,
ip and website
signwritten Van-carry 20 bikes for pick up of deliveires and save transport costs

Ideal location with fantastic exposure
• Excellent reputation in the industry
• Well established, long run business, est circa 1929
• Significant opportunity for further growth in the booming bike industry
currently closed sundays
large opportunity to develop online sales

Huge opportunity to continue to sell a wide range of bikes and E bikes which are in demand for the area and population ,and servicing ongoing of customers bikes and parts requirements.

This business has built a fantastic local reputation for being the go-to business for any type of bike repair, d/t quality and full range of services offered to customers .

The business is in a great high traffic location, with a fantastic loyal local following, great branding, and comes with fully integrated point of sale and customer relationship IT systems.

Currently the business has the vendor doing shop sales functions the owner working a 5 day working week in the business ,only selling after running for 33 years,time for retirement and some rest!

So if you would enjoy receiving healthy profits, and having the spare time +flexibility to spend those profits, and have even a moderate interest in cycling then this business is for you!

The business provides a huge range of bicycle repairs for all levels of skill and expertise including serious cycling enthusiasts, commuters and recreational cyclists with a selection to suit every member of the family.
The Bicycle Retailing and Repair industry is forecast to continue to grow over the next five years. Consumers have turned to cycling for several reasons, including congested roads and public transport, increasing environmental awareness and rising health consciousness. These trends have led to a resurgence of cycling culture.

Summary- ,
further upside with 7 days trading, and develop online sales -current owner is old school , good Rent- $59k p/a plus outgoings with excellent main road exposure near chadstone shopping centre

Nett to vendor $200k plus., with low stress and flexible hours, and other benefits
Price includes new shop fit out in last 12 months , and assistance for up to 6 months if required
please contact to enquire and discuss this Excellent opportunity.
Vendor can be flexible with stock with some vendor terms if required.

Property Information

Real Estate:


Lease Terms:


Leasehold Rent:

$90,000 (AUD) per annum


high profile-in south east melbourne,

Premises Details:


Business Operation

Expansion Potential:

sell a range of bikes and also e bikes,

Competition / Market:

none locally

Reasons for selling:


Trading hours:

6 days ,

Years established:
over 93 years history

Other Information

Support & training:

full support and handover from owner as length is required

Furniture / Fixtures value:
$140,000 (AUD) - included in the asking price
Inventory / Stock value:
$300,000 (AUD)
Related Documents:
This business can be relocated.