This is a fantastic opportunity to take over an excellent retail bicycle business, set up to cater to all ages, genders and abilities. Over $400,000 worth of Stock is included in the price.

This retail bicycle centre is in a prime location close to the Seaford foreshore where it is easily accessible by cyclists from the Bayside cycling path.

Stocks and sells a wide range of bicycles and cycling accessories and offers bike servicing and classes on bike maintenance, cleaning and basic repairs (changing tubes, setting tire pressure etc).

This business offers a range of medium to high-end bikes and caters to families, with bikes for casual riders, commuters and enthusiasts.

Has an excellent website with online shopping as well.

The business encompasses a cafe, with seating for 15 inside and 10 outside, which is leased by a third party. New owners can take over the running of the cafe if they wish to do so.

Trades 5 Days: Tuesday to Friday 9am-4:30pm, Saturday 9am to 3:30pm. Closed Monday & Sunday.

The owner works with 2 casual staff in the business, which includes a bike mechanic.

Turnover is approximately $1,2 million per year, with rent of $2,500 per month including GST. Lease of 3x3 which commenced in July 2022.

This is an excellent business for a first-time business owner or bike enthusiast - all the hard set-up work has been done & reputation has already been established, take over and ride the growth. With the rising cost of fuel and more people focussing on health and fitness, the demand for bicycles is increasing, so this is the perfect opportunity to get into this market now.

For more information and to organise an inspection contact Elle Likopoulos on 03 9566 7300 or Chris Panagiotidis on 0433 582 533.

Ref: B14353