Scuff Wheels, Hertfordshire

Tenure: Leasehold

Reference: INT2853

Turnover: £342,153

Current asking price: £200,000

Primary Business Type: Cycle Sales, Repair & Servicing

This is a brilliant opportunity to purchase a bike business retailing bikes, tricycles, electric bikes, BMX, MTB, skateboards, longboards, stunt scooters, parts and spare. The business is located in Hertfordshire and offers a niche stock of bikes that puts them at the forefront of other competitors.

Alongside their standard B2C sales, the company also offers a B2B website with nearly 40 trade customers registered. They are also operating as a distribution company, supplying other shops and competitors at trade prices via the B2B avenue.

They have a strong relationship with their efficient import agent company which provides fantastic import services with remote warehouse storage and industry-leading fulfilment services.

The company has perfected its business model, with a bespoke ordering system that syncs their website with supplier stock levels, managing over 50K stock items seamlessly. Additionally, they have an exclusive UK dealership for 2 prestigious international products.

The company is extremely profitable, with niche stock and exclusivity within some products and a fantastic business model.