Asking price: £67,500

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
The Business Partnership is pleased to offer for sale this well established business which provides a comprehensive range of cycle related services including sales, hire, maintenance and accessories. A clear emphasis on providing a friendly, courteous and knowledge service has helped secure growing and significant referral business throughout the country. The business has an excellent reputation and has the additional advantage of being the sole distributor in the area for a number of leading bike suppliers. Open all year the business has a good balance of casual/tourist users and local enthusiasts, Police, Local Authorities etc supported through its participation in the cycle scheme and cycle to work initiatives both of which the business has been a keen supported. The business has also provided hire bikes for the local school network along with the Police and Local Authorities.

The price inlcudes the stock at value.

Years established: 12 years

Trading hours: 9.00 - 5.00 Monday to Saturday 10.00 - 4.00 Sunday

Property: Leasehold

Location
The business is located in an attractive and unspoilt part of North Wales.

Expansion potential
The business is profitable, with no competition, and with the balance of local landmarks and areas of natural beauty, compiled with the commercial tourist attractions both current and future business is very good. A greater emphasis on marketing both from a leisure and environmental aspect contributing fresh ideas would have every opportunity of building on the excellent established platform.

Support & training
The vendor would be happy to help out with the smooth transition of the business.

Reasons for selling
Retirement