Merseyside Specialist Bicycle Retail business for sale

Business description

Merseyside

Established Over 10 Years

Excellent Website

Quality Brand Names Supplied

Accessories And Spares

Workshop And Repairs

Leasehold

Business History:
Specialist bike retail business which has been established for over 10 years.

Business Profile:
The business offers a selection of niche, specialist and childrens bicycles together with clothing, spare parts, frames and all other types of accessories associated with a specialist bicycle retailer. Brand names include Kona, Marin, Mezzo, Raleigh, Orange and Fox Clothing. The business is also part of the government backed 'Cyclescheme' network. This specialises in supplying quality, tax free bikes and equipment for travel to and from work. This is a partnering of independant bike shops which gives employers and their employees expert advice, inspection service, warranty and insurance replacements for their bicycle needs. The business benefits from it's location and extensive potential market within the Liverpool area.

Retail Unit:
Carpet and laminate flooring.

Workshop Area:
Fluorescent lighting

Outside:
There is a rear yard leading to a storeroom and office .

Storeroom:
Concrete floor and fluorescent lighting.

Staffing:
Three full time including two owners plus one part time Saturday worker.

Fixtures And Fittings:
A full schedule of fixtures and fittings will be made available for prospective buyers.

Property information

Property:

Leasehold

Lease terms:

Financial Profile:
The vendors will be pleased to discuss all the financial aspects of the business with prospective buyers.

Tenure:
Leasehold. 15 year lease from 2005. Rent £9,000pa. Jolley & Co have not examined any lease documentation and a purchaser must arrange for their solicitor to verfy that this information is correct.

Uniform Business Rates 2008/09:
Jolley & Co. have obtained the following information from the Valuation Office Agency web site:- Rateable Value £4,650 Rates Payable 2008/9£2,000.00. Small Business Rate Relief may be claimable upon application.

Price:
£100,000 for the goodwill, fixtures and fittings plus SAV.

Location:

Location:
The business is located in a parade of several shops and in a good residential suburb of Liverpool. Nearby shops include a dry cleaners, hair salons, a takeaway, off licence and others.

Other information

Trading hours:

Opening Hours:
10:30am - 5:30pm Monday. 9:30am - 5:30pm Tuesday to Thursday. 9:30am - 5:00pm Friday. 10:00am - 5:00pm Saturday.