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Electric Bike Specialist In Honiton For Sale

Honiton, Devon, UK
Asking Price:
On request
Sales Revenue:
£490,000
Cash Flow:
Available on request

Honiton, Devon.
Turnover of £490k with a gross profit margin of 31%.
Supplies a competitively priced range of electric bikes and accessories from leading manufacturers, as well as its own-brand range, to customers in-store and online.
Offers bike repairs and trials before purchase.
Has a mailing list of 1,800 customers.
Receives a high amount of income through referral and returning custom.
Offered for sale due to retirement.
Operates from leasehold premises.
Ideal bolt-on acquisition for complementary service providers.
Scope to establish supply agreements with other bike shops for the business’s own-brand range, as well as purchase additional premises, recruit further staff and invest in marketing to facilitate growth.
Offers invited.

Property Information

Property:

Leasehold

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