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Bike Shop Sydney

$390,000

Sydney Streets Region, New South Wales

Bike Shop Sydney

Join the bike craze. Covid has some silver linings with it. People are riding bicycles where before they might have driven a car or gone on to public transport. Furthermore, people are spending more time in their suburb and are enjoying riding a bike in the safety of suburban streets. This bike shop is showing 100% sales increase on last year and while that increase may not be repeated, the trend is here to stay. Local and State governments are building bike lanes and there is a real rush to get healthy, reduce car exhausts and save money. All this leads to increase in bike sales. It has full staff roster and the owner is moving to Tasmania as we speak. It has very good brands and plenty of stock where other shops are in very short supply. Sales in excess of $1.2M. Net over $250K to owner. Don't delay on this one.

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Last updated: 11th February 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Sydney Streets
State
 New South Wales
Price
$390,000
Category
  • Bike and Motorcycle
  • Retailer

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Agency

Business Brokers Network

Business Brokers Network

Contact

Tony Arena