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Bike Shop for Sale $500,000 ( Incl stock 250K) , NSW , Australia
$ 250,000- Type : Business Sale
For Sale Bike Shop in Campbelltown Area. with Vendor finance option avble for stock.
Established 16 years ago. Owners Looking forward to retire.
- Excellent Product line.
- Large Showroom.
- Ample car parking at Site.
- Fully staffed with Sales and Mechanics at site.
- Market Monopoly position in the area as the only bike store. in wide circle.
- Highly profitable business.
Annual figures.
Sales : $1.4M ( 2021) / $1.26 (2020)
Net profit : $275K ( Before Addbacks)
Rent : $120,000 + GST - Annual + Outgoings
Lease : Commence 1 jul 2022 on 5+5 Option.
Stock in hand : $250 - $400K Seasonal
Asking price : $500,000 ( Incl Stock of $250K).
$500K Investment with a potential of annual net Profit of $300,000 to $350,000 to new owners.
Option to buy 50% Equity now.
Recent Sales Figures : Aug and September 2023 avble on request.
Current Owner will stay back for transition and handover.
Contact for more information.
Disclaimer :- The consultant has relied on information provided by the Vendor. The Recipient cannot rely on information provided by the consultant and must verify the provided information through inspection of documents for the purpose of verification of these statements as part of the Recipient's due diligence. Stock pictures used where applicable .
Established 16 years ago. Owners Looking forward to retire.
- Excellent Product line.
- Large Showroom.
- Ample car parking at Site.
- Fully staffed with Sales and Mechanics at site.
- Market Monopoly position in the area as the only bike store. in wide circle.
- Highly profitable business.
Annual figures.
Sales : $1.4M ( 2021) / $1.26 (2020)
Net profit : $275K ( Before Addbacks)
Rent : $120,000 + GST - Annual + Outgoings
Lease : Commence 1 jul 2022 on 5+5 Option.
Stock in hand : $250 - $400K Seasonal
Asking price : $500,000 ( Incl Stock of $250K).
$500K Investment with a potential of annual net Profit of $300,000 to $350,000 to new owners.
Option to buy 50% Equity now.
Recent Sales Figures : Aug and September 2023 avble on request.
Current Owner will stay back for transition and handover.
Contact for more information.
Disclaimer :- The consultant has relied on information provided by the Vendor. The Recipient cannot rely on information provided by the consultant and must verify the provided information through inspection of documents for the purpose of verification of these statements as part of the Recipient's due diligence. Stock pictures used where applicable .
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