Bartercard Real Estate

Bike Shop Full Trade!

$650,000
100% Trade Component
AU$0 (Cash) | AU$650,000 (Trade)

Additional Information


Pinterest

WA, Australia

Bicycle Shop Business Overview –

  • In very strategic location near city and swan river with low rent.
  • Shop has been operating for over 86 years
  • Most Western Australians know the name and shop.
  • Shop Size = approx. 300sqm
  • Stock Level = approx. $500k at retail value 
  • Shop fully fitted out will all plant and equipment and point of sale.
  • Full website
  • Full 16 camera security system and alarm monitoring, with remote roller shutters around premises.
  • Sales per year = approx. $300,000
  • Profit to owner/operator = approx. $70,000 - $80,000 per year.
  • Profit under management approx $40,000
  • Pictures attached of inside of shop.

Goods and Services provided to customers:

  • Sales of new bicycles, parts and accessories
  • Repairs of customers bicycles, parts and accessories
  • Maintenance and modification of customer bicycles
  • Dealer for big well-known brands of bicycles
  • Preferred supplier for some insurance companies
  • Supplier for E-Australian electric bike centre
  • preferred supplier to town of Victoria park and city of Belmont
  • ties with some schools in surrounding areas

Location of shop will be given to serious buyers only

Rental Information

  • Lease = 5 + 5 years plus more if required
  • 5 year term is up for renewal March 20'
  • Rent = $3000 per month inclusive of gst - very low for the area.

Additional Information


Property Features

Not applicable

Property Information

Category
Business
Under Offer
No

Vendor Details

John Tu

Phone : 0403535488
Email : johnctu@iinet.net.au

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