Real Estate Industry Partners

293 George Street, Windsor NSW 2756

$99,000.00

1958 Established Bike Shop - Current Owners Retiring.

***** Under Offer *********.
Private Sale !! ( Offers Invited)

After 66 years of operating in the same location, we’re offering Windsor Cycles up for sale.

Established way back in 1958, Windsor Cycles has been serving the community of Windsor ever since, helping generations of families to enjoy cycling and stay fit and healthy. We love to see our bikes in action in the local area and aim to help people keep them on the road for as long as possible, passing on our love of cycling to the community.

The store has an outstanding reputation for sales, service and repairs, concentrating on cycles and scooters for the family and has repeat business from generation to generation. The business has a good and long relationship with many of the best-known brands and has a history of loyal and repeat family customers. We’re proud stockists of:

Giant, Mongoose, Avanti, Wethepeople, Radio, Sunday, Malvern Star, Redline, Metalcore Distribution, Envy Scooters, BMX International, Sheppards Cycles and more…

The key advantage of this retail store is that high-end specialist bikes are regularly sold, but on order, rather than being held in stock, keeping capital required for stock at a reasonable level.

Established 66 years
Outstanding Reputation
Loyal and repeat Customer base
History of Profits, 70 % gross return
Great Potential for Growth
Good Brand Supplier relationship
Simple to Manage
One of the owners is willing to stay on as an employee for continuity and training (terms to be agreed upon)

A great lifestyle opportunity for anyone interested in the cycle industry.

Asking Price $99,000+SAV

Other Figures.
- Sales $ 50K - 90K per month.
- Wages $2000 / week.
- Rent $ 600 / week.
- Stock in hand - Around $180,000 at cost. +/-

Suit Owner operator / migration candidates ( Outer Sydney Area). / lifestyle changing.

Note : New Owners will get credit from current Vendors after 3 months with additional of $10,000 stock purchasing requirement towards working capital.


All genuine offers Invited. Cashed buyers please. OWNERS need quick settlement.

Disclaimer :- The consultant has relied on information provided by the Vendor. The Recipient cannot rely on information provided by the consultant and must verify the provided information through inspection of documents for the purpose of verification of these statements as part of the Recipient’s due diligence .

Property Details

  • Type: Bike and Motorcycle, Transportation, Automotive

REALspecialists

19 Taree Street, Burleigh Heads QLD 4220

0487 406 549

SANTOSH DANIEL