Listing Details : LB-15083

Asking Price 35 Lacs
Turnover 6 Lacs
Legal Entity Proprietorship
Category Retail
Sub Category Other Retail Shops
Business Listed By Business Owner

Overview

A well-established cycle store in Chennai is available for sale. Started three years ago, this business has built a solid reputation in the local market. The store occupies a carpet area of 600 sqft and is located in a prime area with a monthly rent of Rs 36,000. We offer a diverse range of cycles from 5-6 reputable brands, catering to both kids and adults. Our current stock is valued at approximately Rs 15 lakhs, providing a significant inventory for the new owner to capitalize on. The business has established a loyal customer base and benefits from a growing demand for cycling products. With the increasing focus on health and fitness, cycling has become a popular choice for many. This is an excellent opportunity for anyone looking to invest in a thriving retail business. The sale includes all assets, stock, and established relationships with suppliers. With the right marketing strategy and management, there is immense potential for growth.

Year of Establishment

2022

No. of Employees

2

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

36 Thousand

Describe Property

N.A

Competition / Market

Yes we have some competition

Products & Services

We offer a diverse range of cycles from 5-6 reputable brands, catering to both kids and adults. Our current stock is valued at approximately Rs 15 lakhs, providing a significant inventory for the new owner to capitalize on.

Growth Potential

Very High

Reason For Sale

Moving out of another city

Financial Details

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