City: Midlands
Price: £260,000
Profit: Non-disclosed
Revenue: £352,817
Online: No  Startup:No
Finance: No  Home Based: No
Franchise: No  Freehold: No
 Established: No   Establishment: 1989
Employees: Non-disclosed
Stock: No

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Description
Advent Business Sales are delighted to offer to the market this extremely well established and popular bicycle shop, which has been trading profitably for the last 27 years. Our client has a superb local reputation and has the added benefit of being the sole distributor in the region for
Reason for sale
The shop was founded by our client and is only now being reluctantly offered for sale as he wishes to retire.
Growth potential
Whilst the business is very successful and earns excellent profits, there is still good potential to increase sales and profits by: 1. Having finance available for the purchase of cycles 2. Advising and advertising the cycle registration scheme, which is a tax efficient way of buying a cycle 3. Pushing the point that they are the only registered retailer for Giant and Claude Butler cycles.
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