Cycle Shop Business for Sale in Durham

Durham
REF: 8086

Asking Price:
£139,950
Annual Turnover:
£525,000
Annual Net Profit:
£65,000
REF: 8086
Photo of Cycle Shop Business for Sale in Durham
Photo of Cycle Shop Business for Sale in Durham
Photo of Cycle Shop Business for Sale in Durham
Photo of Cycle Shop Business for Sale in Durham

Overview

Tenure:
Leasehold
Established:
2005
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential
  • Strong Supplier Relationships
  • Wide Variety of Products & Services

This Cycle Shop business located in Durham is now on the market. It has an excellent client base due to its fantastic reputation for service, which has built up since its launch in 2005. Only selling due to personal reasons, the current owner is keen to find the perfect buyer. It is offered on a leasehold basis.

The business occupies an ideal high-street position – perfectly placed to take full advantage of passing footfall and trade. This prime location means customers have access to good public transport links as well as convenient parking close by.

It is a successful business; it has a high profile and an even higher profit margin. There is vast scope for a serious buyer to take it to the next level. For any queries, please get in touch with the owner.

Features

Key Information

  • Sells Online: Yes
  • List Marketplaces: Google Shopping
  • Products Sold: Cycling Equipment

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.the-ebikestore.co.uk

Location

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  • High Street Location
  • Close to Local Businesses
  • Close to University
  • On-Site Car Parking
  • Good Transport Links

Property

Annual Rent
£16,500
Annual Rates
£900
Lease Term
10
Lease Expiry
2
Accommodation Included
No
EPC
D 55-68

Financial & More

Annual Turnover
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Annual Net Profit
XXXX
Stock at Valuation
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Accounts
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Trading Entity
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Management Structure
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Number of Employees
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