Bicycle Sales and Service Business is Booming - Fantastic Value - Tamworth NSW
BS144492 Bs144492, Tamworth NSW 2340
$89,000
BusinessSize: n/a
Business ID: BS144492
On track for over $1M in sales for FY21- Income to owner over $120K
Started by one of the current owners 4.5 years ago this business has experienced consistent growth in sales and now produces a very healthy income for a working owner.
Located in Tamworth NSW, the business operates from modern premises that benefit from off-street parking. The business is the only one of its type in town that offers customers the choice of 5 bike brands. The business has been priced to sell.
-FY21 On Target Revenue $1m+
-Return to working owner over $120K
-Well established with good products
-FY20 Revenue $720K
-Excellent premises with fair lease terms
-Income from equipment sales and maintenance
-Small number of staff required
The owner will provide 2 weeks of training and handover after settlement.
This business has been very keenly priced to facilitate a quick sale and has very healthy sales growth year on year.
The business will appeal to a cycling enthusiast and there is sufficient income for the business to be run under management and return a healthy ROI for the buyer.
Make a tree change and enjoy a fantastic lifestyle in Tamworth NSW
Sale Price of $89,000 plus SAV
Property Code: 1905
On track for over $1M in sales for FY21- Income to owner over $120K
Started by one of the current owners 4.5 years ago this business has experienced consistent growth in sales and now produces a very healthy income for a working owner.
Located in Tamworth NSW, the business operates from modern premises that benefit from off-street parking. The business is the only one of its type in town that offers customers the choice of 5 bike brands. The business has been priced to sell.
-FY21 On Target Revenue $1m+
-Return to working owner over $120K
-Well established with good products
-FY20 Revenue $720K
-Excellent premises with fair lease terms
-Income from equipment sales and maintenance
-Small number of staff required
The owner will provide 2 weeks of training and handover after settlement.
This business has been very keenly priced to facilitate a quick sale and has very healthy sales growth year on year.
The business will appeal to a cycling enthusiast and there is sufficient income for the business to be run under management and return a healthy ROI for the buyer.
Make a tree change and enjoy a fantastic lifestyle in Tamworth NSW
Sale Price of $89,000 plus SAV
Property Code: 1905
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Property type:
Business
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SummaryMedian sales
Average Age
59 years
Population
189
Listing ID: 181104553. This listing has been viewed 2 times. It was first displayed on 01/11/2022 and last updated on 01/11/2022.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.