Price
$250,000 including stock
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Wellington Region, Wellington Central
Category
Retail General
Listing #
WL00484
If you are a mountain bike enthusiast, then this is the ultimate business for you.
Mud Cycles is a specialist mountain bike store situated at the bottom of one of Wellington’s premium mountain biking areas. Purchased by the current owner 10 years ago, this Karori-based business has not only been supplying high-quality bikes and accessories for the last 25 years, but also provides a high-quality workshop and a fleet of rental bikes for the occasional rider and tourists.
With a small but skilled team on board, the business has consistently shown solid returns to the working owner and with the increased demand in E-Bikes, the revenue has continued to grow year on year. However, the current owner has decided the time is right for him to take on a new challenge and is willing to sell the business for not much more than the value of stock.
Mud Cycles provide a comprehensive range of bikes and accessories from some of the world’s top suppliers, whilst ensuring they also cater to customers who are new to the sport. With the introduction of E-Bikes for mountain biking, this has opened up a completely new category of customers, arguably making mountain biking the new golf, for those middle-aged customers with a higher discretionary spend.
Being situated in Karori, Wellington's largest and one of its more affluent suburbs, further enhances the opportunities for a new owner to tap into the local market. If you have a strong interest in mountain biking and understand the fundamentals of running a sound business built on customer service, then Mud Cycles could be a great fit for you.
With a price of just $250,000, including approximately $230,000 of stock, this is a great opportunity to mix your passion with business. If you think this is a good fit for you, contact me today!
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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