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Schleswig-Holstein Production

Owner-operated bicycle shop with repair shop seeks a successor

Revenue €1,800,000
Earnings €0
Employees 7
Location Schleswig-Holstein
Transaction Background Succession planning
Shares for sale 100% sale
Revenue €1,800,000
Earnings €0
Employees 7
Location Schleswig-Holstein
Transaction Background Succession planning
Shares for sale 100% sale

Company Description

This owner-operated bicycle shop, which has been in business for over 80 years and features an on-site repair shop, is set to be handed over to new, enthusiastic owners in the near future. The business is located in the heart of Schleswig-Holstein, and its customers come from the town and the surrounding area—many are willing to travel up to 100 km to take advantage of the shop’s service and expert advice. The bicycle dealer works with all major leasing companies and is a member of the trade association. The business is owner-occupied and can be leased or rented. Of course, purchasing the property is also an option, but not a requirement. The repair shop is staffed by four full-time employees and one part-time worker. All repair shop staff assist in sales as needed. In addition, there are two other full-time employees in sales. The average age of all employees is approximately 40 years. The sale of bicycles and accessories accounts for the largest share of total revenue; 45% of revenue comes from e-bike sales through leasing. Further potential exists in the leasing sector and through expanding the product range, such as cargo bikes. The online presence can also be developed, and social media can be integrated.
An accompanying buyout is possible.
There is also the option to join an excellent, established concept as a franchisee.
A non-disclosure agreement is required for an initial consultation.

Industry sector

Production