Huge Bike Shop For Sale

Business description

This store is a Wellington institution. They stock a huge range of recreational, racing and children’s bikes – from road and triathlon to mountain and BMX. They are also exclusive Wellington stockists of the three leading brands from around the world – and have the revolutionary bike fitting system – Dialed in Motion, exclusively in the lower North Island to ensure correct position set-up for optimal power, efficiency and comfortable injury-free cycling.

Also in store is a full range of clothing and accessories plus a large women-specific department, full workshop with qualified mechanics, DIY maintenance classes and bike handling skills classes for road and mountain bikes. There’s advice and ride and trail information for locals and visitors alike and are centrally located for bike check-up or service before catching the InterIslander Ferry to the South Island. A range of bikes are also available for hire.

The staff are all avid and experienced cyclists, both recreational and competitive and across the spectrum of road, cross country and downhill mountain biking, triathlon, BMX and recreational family riding.

Property information

Real Estate:

Lease

Other information

Support & training:

This business is under management. Full training from owner included.

Reasons for selling:

Vendor does not live in the area.

Trading hours:

8:00 am – 6:00 pm

Furniture / Fixtures value:

$500,000 (included in the asking price)

Inventory / Stock value:

$500,000