Specialist Cycle Retailer West Sussex Town - West Sussex, United Kingdom

Asking price: £39,950

Sales revenue: £200,000

Business description: A very well established business in modern purpose built lock-up shop in a pedestrian street opposite main shopping precinct. T/O £200,000pa with GPM of approximately 47%. Open M-Sat 9-5.30pm; Sun 11-4pm. Was part of nationwide franchise, independent since 2004 with family, commuter and specialist sale & hire. Fully equipped workshop, service contracts with police & council. Website included in sale.

Years established: 8

Trading hours: M-S 9am to 5.30pm, Sun 11am to 4pm

Property : Leasehold

Lease terms: Renewable lease due to expire Sept 2011, rent £31,000pa, escalation clause of £1,000pa for remainder of period, with £34,000 payable in final year.

Location: Superbly located in centre of prosperous town in pedestrianised street with entrance of main shopping precinct opposite leading to town's indoor mall. Bus stops in front and few minutes from railway station. Super trading position.

Expansion potential: Could develop website to a full e-commerce facility.