Intelligent Business Transfer is excited to be assisting in the sale of this rapidly expanding bike business which could be on the brink of something big. The location of the store, its high end stock and its reputation for providing great service give it a great deal of potential in the competitive yet profitable cycle market.
The business's focus on high end cycles and good, knowledgeable service has paid off in recent years thanks to the increasing popularity of cycling amongst affluent customers. As there are a lot of these in Brighton, and because the business is broad enough in scope to appeal to everyone, it is enjoying year on year growth which looks set to continue. Additionally there are plenty of opportunities for profitable expansion of the business model.
The business's increasing online presence creates the first of these opportunities with plenty of scope for increasing existing social media and Google based marketing efforts. The current e-commerce operation is in the process of being updated, meaning on-site sales, more customers and more profits without excessive external fees. This will create a whole new branch of the business which is not so geographically limited as the shop.
Moving on from one shop; the large income, recognisable branding and solid reputation of the business presents the opportunity of expansion into a chain. Taking the business to a new level.
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