Bicycle Shop Investment Opportunities

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Bicycle Shop Investment Opportunity in Bangalore, India

Multi-brand bicycle retail chain seeks investment for expansion.
- Leading multi-brand bicycle retail chain with a range of bicycles for kids, adults and professionals. - We have tie-ups with over 10 bicycle brands. Some of them are Bran, Fantom, Frog, Firefox, Hero, Schnell, Keysto, Merida. - The company owns a couple of stores in premium locations and more than 10 stores are operated as a franchise model. - This year we are targeting to add 10 more new stores. - Business has a total of 48 staff including sales, service and marketing team. - Have received award from Hero Cycles under different categories due to the sheer size of our operations. - In total, we sell 100-150 bicycles a day in our stores. - Our business has a good online presence with a responsive website and a Facebook page with over 10K likes. - We have registered our own bicycle brand name and now we are focusing to bring our own brand across the country. - We are currently active in Karnataka and planning to expand across Andhra Pradesh, Telangana and Kerala. - Promoter has more than 15 years of experience in this industry. - Business owns the website, furniture, social media accounts, inventory and own outlet interiors.
7.7   Bangalore
Run Rate Sales
INR 12 crore
EBITDA Margin
10 %
Financial Investment
INR 5 Cr for 15% stake
Contact Business

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