SALE OF BICYCLE STORE AND WORKSHOP IN MADRID

Bicycle shop is transferred, with an excellent location in the south of Madrid.

SALE OF BICYCLE STORE AND WORKSHOP IN MADRID

Bicycle shop is transferred, with an excellent location in the south of Madrid.

More than 30 years of experience in the sector. Local of 500 square meters on two floors. Large exhibition with 18m2 commercial street showcase. Excellent transfer opportunity due to its great potential, it has experienced significant growth due to the bike mechanic and maintenance workshop service and the personalized treatment it offers.

The business offers the combination of a long and successful history, a stellar reputation in the community, and a new location that dramatically increases visibility and access. consistently viable business with significant potential for expansion.

• Gross sales for 2020: €300,000, an increase over 20% of 2019.
• Current inventory is approximately €60k
• Consistently thrived as a business, regardless of the financial climate. Remained a healthy and profitable entity through two major recessions and dramatic changes in the bicycle industry.

• Lease established, on this building 10 years ago, and previous store for 60 years.  Building of 5,382 square feet on two floors (includes showroom, repair area, and parts/bicycle storage). 

REFERENCE: EC211025

PROVINCE: MADRID

SECTOR: TRADE

ACTIVITY: BICYCLES SALE AND REPAIR

TYPE OF OPERATION: BUSINESS TRANSFER

ECONOMIC DATA SALE PRICE: € 300,000