Intelligent Business Transfer are pleased to bring to the market this long running, well-established bicycle shop, favoured by local inhabitants for its range of products and professional service.
Having nurtured the business since its inception 40 years ago, the current owner has worked hard to continuously offer an expert and friendly customer service. In doing so, they have successfully generated a solid annual turnover in excess of £380,000, with over £50,000 coming from eBay sales and the repair/servicing side of the business making up 25% of its income.
A new owner is presented with an excellent opportunity to further grow the business and through implementing new marketing techniques; they could further increase exposure to the business. Making use of its e-commerce website and social media accounts, a new owner could bring in new waves of customers interested in purchasing or refurbishing a bicycle.
As well as this, extending business hours would effectively bring in more customers and would hugely benefit the revenue.
Growing the product range to include more brands would appeal to more customers and successfully attract a worldwide audience through its eBay store.
This business model will appeal to someone within the sector or an individual with knowledge/experience of fixing and repairing bikes.
Intelligent Business Transfer have been tasked with finding a new buyer who will realise the potential this business presents and strive to grow further the customer base and revenue.
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