Business for Sale in Walthamstow, London - Vintage Cycle Importer: London - Business: £35,000
- Retail Businesses: Cycle Shops
- England: London
- For Sale
- Annual Sales
- £71,411 Ex Vat
- Unique business importing vintage Italian racing bikes
- Located in London but sold as relocatable
- 2015 Sales £71,411 and gross profit £36,900
- Corporate disposal
- Tremendous scope for expansion
- Niche business with little competition in UK
EM&F are delighted to offer for sale a unique business retailing imported classic Italian cycles. On sale only because the owners wants to devote his entire attention to another group business, this business is sold on a relocatable basis, possibly as an add-on to an existing cycle business or as a profitable stand-alone operation.
Established in 2010 the business sells bikes through a well-developed website and has a database of around 1,000 enthusiasts who eagerly wait news of the latest batch of imports. As a consequence stock turnover can be very quick at times.
Due to time constraints the present owner has had to limit the attention given to this side of his business and has reluctantly decided to divest himself of the vintage Italian racing bike business.
Early expressions of interest are sought for this business through sole agents Everett Masson & Furby.
PRICE: £35,000 to include the benefit of the Business, Brand, Goodwill, Fixtures, Domains, Website etc, plus stock at valuation.