Bicycle Wheel Manufacturer & Distributor For Sale - Undisclosed, Lincolnshire, United Kingdom

Asking price: £175,000

Sales revenue: £356,738

Net profit: £41,975

Business description: Under Offer The business manufacturers and distributes bicycle wheels throughout the UK to both wholesalers and manufacturers. With at least 40 clients (long established and loyal) with no one in particular accounting for more than 10% of turnover. The business is effectively run under management with the “team” keen to continue. The he business is relocatable.

Years established: 25 Years

Relocatable: This business can be relocated.

Property : Leasehold

Lease terms: The current 10 year lease has 7 years remaining and rent is £20,160 per annum with rates £7,161 per annum.