Opportunity in an Exploding Market

Whangarei

$170,000

Proposed Usage
Retail
Description:
Property ID
1c4c98h



This is a business in an emerging market, showing incredible growth with solid profit margins. The quality of the products are protected by a very sustainable business model that works all throughout the country.

With major government (and local-) funded projects to build bicycle trails, there is an enormous push from different directions to get people on their bikes. E-bikes are a big part of the convenience, the luxury and healthy options we now have to make it easier to get around town, to work or just for leisure.

This business focuses on selling only high quality electric bikes from reputable brands ensuring customer satisfaction.

The current owners of this shop run a very clean operation, offering a point of sale with exceptional service, ensuring customers make an informed decision in their purchasing. Solid (documented) systems and processes make this an easy key-turn operation to the new owner.Owner works around 35 hours per week = great lifestyle!Over $100,000 profit to working owner (YTD accounts show approx. $120k projection)Great landlord offering affordable rent and good termsGood profit MarginSignificant industry growthThis business has exclusive relationships with key suppliers and favourable terms and offers significant barriers of entry to this segment of the market

Asking price $170,000 + stock

Call for an information memorandum - Rudy Kokx 021 421 346


Ref: NL00134
Timestamp: 20190319054554

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