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Ride your bike to success!

$390,000

Sydney, New South Wales

Ride your bike to success!

If you're thinking of getting into the business of selling bikes, you should find out if there's a trend going on.

Cycling has become the new face of transportation. It's seen as a safer and environmentally-friendly means of getting around. As a result, revenue from bicycle retailing increased 3.2% year on year in 2020-2021. Will this trend, however, last long enough to benefit a bicycle retailing business?

As traffic congestion worsens in Sydney, commuter cycling will increase. The popularity of cycling has been increasing in the last few years, and this trend is expected to continue. Overall, bicycle sales are projected to grow by an average of 0.7 percent per year over the next five years, which is higher than most related industries.

This knowledge is invaluable. If you take advantage, you will be one of the few who can capitalize on tremendous growth of a rapidly growing industry. Here is your chance to purchase a business that will be able to beat the competition. With the industry growing in a stable manner along with your business's ability to provide a competitive edge, this investment could yield a substantial profit.

This Sydney bicycle retailer is fully staffed, and the owner has already relocated to Tasmania. It has a bunch of good brands and a lot of stock, which is hard to come by in other stores. Sales in excess of $1.2 million. The owner will profit by more than $250,000. Don't put it off any longer.

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Last updated: 14th September 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Sydney
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