It is Intelligent Business Transfer’s pleasure to offer to the market a well-established bicycle and cycling accessories retailer who is capitalizing on numerous trends in the local market.
The bicycling market in South Wales, and throughout the country is expanding in numerous directions, and this business has successfully taken advantage of these trends, not only through superior service and fair pricing, but through carefully executed sales and marketing initiatives. It has successfully created ties for supplying Cycle to Work scheme bikes. A comprehensive, appropriately designed website offers a guide to the stores wares, information on scheme financing plans, local trail descriptions and much more. The business is also very active on Facebook and Twitter.
In addition, the business’ website sports and online store, however it is still in a fledgling state, presenting a buyer with an excellent prospect of adding ecommerce as another significant revenue stream. Other growth opportunities include broadening the store’s community involvement (it already supports 3 large local biking clubs), extending opening hours and hiring specialized staff. The store also holds substantial inventory (to be expected), reducing acquisition risk.
Currently, the owners must focus their attention to other interest and have retained Intelligent Business Transfer to find a motivated cycling enthusiast or competing shop as suitable buyers. The owner has kindly agreed to stay on for 3 months to help with transition.
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