Turnkey Full Service Bike Store 550.000 EUR (net) in Malaga area

This bike shop is an owner-managed company on the coast of Andalusia (Spain), founded in 2019. The company is for sale because the owners are moving abroad.
The location of the shop is in an absolute pole position in the city centre with plenty of traffic and good parking availability, with no other competitors in the surrounding area.

The portfolio includes the following sectors:
– Sales of bicycles, parts and accessories, with the focus on E-Bikes, Mountain-, City- and Kids Bikes
– Service and workshop
– Rental of bicycles
– Guided bike tours

The customer base consists of loyal and long-standing regular customers of all nationalities as well as a large number of walk-in customers.
Due to the engagement of long-time clients, the business is running at a high workload with just two months of low season during the winter. Bike rental is extremely strong, especially in the high season months (June to October).
The team consists of 3-4 employees (+owners) who are employed all year round.

What`s included:
– Fully equipped Store and Workshop
– Inventory of approx. 270.000 EUR (included in asking price)
– Huge fully equipped ready-to-use rental fleet
– digital Work order and Stock Management.
– Exclusive brand contracts with area protection
– Good trade conditions due to long term and reliable B2B relationships
– well-coordinated, motivated team

Why to buy?
– Turnkey and brings an income from day one with inventory and assets
– Many repeating customers and growing customer base every year
– No competition in the area
– Ideal Location
– Existing and well-rehearsed team, if desired
– Annuel Turnover 650.000 -1.000.000 EUR
– Development opportunities and potential
– optional: coaching and handover by the previous owner for a specified period