Established Bicycle and Repair Shop - Whangarei | ABC Business

Established Bicycle and Repair Shop - Whangarei

$520,000 - Northland

Industry: Retail


My Ride is the largest national network of independently owned, specialised cycling stores in New Zealand. Successfully operating from a high-profile location, the Whangarei store is the leading cycle retailer and mechanical service in the Northland region. From the retail area, workroom, and internal systems, to its online presence; every aspect of this business model has been well-considered and designed to reflect their family-friendly, full-service solution; from the beginner to the more serious cycle enthusiast.

My Ride carries an extensive range of top brands in the market. The business has provided the vendor with strong profitability and growth for several years. The skilled team have a wealth of experience to assist customers with all their cycling requirements.

The cycling industry has experienced a huge uptake since our initial COVID lockdowns, with more people choosing the activity as their hobby, sport, or commute, leading to a 'bike boom'. Trends indicate that cycling is still on the rise in New Zealand.

Whether you are a competitive rider or recreational enthusiast or looking for a successful retail opportunity, this business has everything you need. This is an attractive opportunity for a new owner to step in and reap the rewards in one of New Zealand's fastest-growing cities.

Contact Carolyn Northover - 021 331 871 today to find out more.

Price $280,000 plus stock at valuation $240,000

For a confidential discussion, please complete our online confidentiality agreement.
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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: Northland

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Our brokers

Carolyn Northover

021 331871

Carolyn Northover

021 331871

Contact Carolyn

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