Fully operational bicycle workshop with good client base and reputation for sale.
Hackney has the highest bike usage per person in the capital and demand for bicycle workshop services is extremely high.
***PRICED FOR A QUICK SALE*** (must complete sale by July 2019)
Fantastic opportunity for an experienced mechanic to operate your own business and be your own boss!
Trading in the same location in Hackney for many years, the business mainly repairs bicycles, sells parts and accessories and also stocks some bicycles for sale.
The business is VAT registered, has a turnover of approximately £120,000 with a gross margin of 50%. Low overheads and simple lease terms make it possible for an owner mechanic to run the shop on their own and take home over £30,000 year salary.
Business is being sold as a going concern with tools, equipment and stock to be negotiated separately, as the buyer requires.
THIS IS A HIGHLY SKILLED BUSINESS AND REQUIRES A GREAT DEAL OF BIKE INDUSTRY AND REPAIR WORKSHOP EXPERIENCE TO OPERATE.
*NOT SUITABLE FOR SOMEONE WITH LITTLE OR NO BIKE SHOP EXPERIENCE*
The current owner will be available for several weeks to facilitate handover of the operations and will be able to provide further advice and information as required.
Full details of the business will be made available subject to serious expression of interest and the signing of a non-disclosure agreement.
Business is offered for sale due to the owner’s other business commitments.