Description
BICYCLE SHOP & REPAIR WORKSHOP FOR SALE IN LONDON
It is a well-established bicycle, electric bicycle and electric scooter sales and repair company. We operate on the busiest London cycle superhighway connecting the two major financial districts and running from east to west London, making the organisation's location ideal for cycling commuters.
Business is both a repair workshop and a store. We sell all accessories and essentials for bikes and scooters such as lights, helmets, locks, and much more. Our workshop comes equipped with the best and complete set of tools supplied by Park Tools, which have high resistance to wear and tear.
The store also houses our Legal team, a growing organisation and helps get cyclists injured in car accidents, fully compensated by our team of lawyers in partnership with CAMS.
Along with our three trading names, we also have online sources of revenue from our three websites, from which we supply bikes, e-scooters and their respective components. We also possess other domain which adds to our income source. We do a lot of our outreach on social media such as Facebook and Instagram, where we have several followers and customers.
The store has set up a secure method of purchasing and exchanging second-hand bikes from which we make a greater return. The organisation also comes with our collect and return service and company vehicle, which we use to collect and repair bikes in London zones one and 3.
The business is for the leasehold value of £95,000 with annual payable rent of £34,000.
The premises of business have outstanding storage capability, especially for its highly sought-after location just five minutes walk from the City of London. It even has a free neighbouring car park for our staff and is close to major underground stations such as Aldgate East and Whitechapel Station.
Pricing
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Sale Price£95,000
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Revenue£250,000
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Net Profit£50,000
Contact
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