Love Cycling? Earn $350k p.a. Cycle Business | ABC Business

Love Cycling? Earn $350k p.a. Cycle Business

$1,100,000 - Auckland

Industry: Retail


Turn a love of cycling into an average of $350,000 a year income for yourself.

My Ride Westgate is located in the fast-expanding West Auckland area and could be yours to own.

With new subdivisions, roading and cycleways under construction on its doorstep, it has real growth potential.

There are four streams of income from the in-store sales of the worlds leading brands, e-bikes, mountain bikes, commuter options and of course the ever-popular children's bikes.

An impressive 20% of sales come from the broad range of cycle and race clothing and accessories.

The modern, well managed online website ensures the store is effectively open and selling for you 24/7 to answer your customer's needs.

The final aspect is the workshop area which provides both custom fitting of new bikes and servicing of all types of bikes which in turn brings loyal customers back to the store.

The business is run by a young, passionate and experienced team, who are all keen cyclists themselves.

The retail site is a hugely successful concept store that shares one very large open space layout beside a furniture business, offering a complimentary clientele for both businesses, 7 days a week.

The business has enjoyed significant growth in the past 12 months, despite the multiple lockdowns as people discover cycling as a commuter, leisure and sports activity.

Truly your chance to ride on the back of the cycling boom in one of Auckland's fastest-growing areas and make your sport, your business.

Call Richard Stevens on 021 375 149.

Price $1,100,000

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To obtain more information click here to complete a confidentiality agreement Need business finance? Click here to contact the team at the Loanary

Location: Auckland

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Richard Stevens

021 375 149

Richard Stevens

021 375 149

Contact Richard

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