East Flanders: successful bicycle shop

Company history/background

DESCRIPTION AND ACTIVITY This bicycle shop specializes in 3 domains: 1. Sale of bicycles in the sporty segment of the market: road bikes, mountain bikes, gravel bikes, for both children and adults, including electric versions of these bikes 2. Sale of bicycle accessories 3. Bicycle assembly and maintenance & repairs In each of these 3 domains, the business has managed to build a solid reputation over the course of 10 years, thereby earning a very good name in the cycling world. City bikes, speed pedelecs, and e-bikes are not currently offered. The team consists of 2 enthusiastic and well-trained individuals: the manager together with 1 experienced mechanic. Turnover level = approx. 1,400,000 EUR, with an EBITDA margin of approx. 14%.

Company activities

LOCATION This bicycle shop is located in East Flanders. The company owns a well-situated commercial building with a total land area of ​​335 m². This commercial property consists of a shop with a showroom (approx. 90 m²), a workshop (approx. 95 m² & completely renovated in 2021), and a warehouse of approx. 50 m². An apartment is located on the first floor. LEGAL ORGANIZATION The business is operated through a private limited company. The real estate is also owned (99%) by this company and is therefore included in the sale.

Unique selling points

UNIQUE SELLING PROPOSITIONS Small, dynamic, and highly experienced team Good customer service built up over 10 years Specialized in road bikes & MTB Completely renovated workshop Lots of potential remaining through expansion of the range with city bikes, e-bikes, etc.

Other

FOR SALE The opportunity is offered to acquire the shares of the operating company, including the real estate. An acquisition of the business assets excluding the building is also negotiable. The current owner is willing to guide the acquiring party in transferring knowledge and contacts. The timeframe and modalities for this are open to discussion. The selling party is even open to a co-partnership with an additional partner, provided clear agreements are made regarding the division of tasks. All acquisition modalities are open for discussion. Interested? Please contact us, and we can provide a detailed acquisition memorandum.