Bicycle Shops for Sale and Investment Opportunities in Akola

Showing 1 - 2 of 2 Bicycle Shops for Sale and Investment Opportunities in Akola. Buy or Invest in a Bicycle Shop.

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Bicycle Shops
Akola

Bicycle Shop Seeking Loan in Akola, India

Maharashtra based wholesaler and retailer of bicycles and related equipment selling 1,100 bicycles per month.

- The business specializes in the retail, sale and distribution of bicycles, tricycles, e-bicycles, fitness equipment and battery operated children's toys. The business primarily deals with the sale of bicycles. - Distributor of bicycles for popular brands such as Hero Cycles, Hercules, TI Cycles, BSA, Montra, SK Bikes (Gang and Huge brand). - Sell over 1,000 cycles per month through off-line retail and wholesale operations and 100 cycles (approx 10% of volume) through e-commerce retail sites like Amazon. The business also sells around 15 e-bicycles and 10 fitness equipment (Hercules brand) per month. - At present, the business has decided to suspend sales through Amazon and develop its own website. The company website is not live currently. - The price of a bicycle ranges from INR 2,500 to INR 14,000. The sales are more concentrated on the lower priced bicycles. - Have 4 primary suppliers for our bicycles. - The business maintains 1,000 bicycles in inventory at any given point of time. - Have a credit period of 21 days to repay suppliers. Due to the COVID-19 pandemic, the business' suppliers wants to reduce the credit period.

7.4 Akola

Run Rate Sales

USD 360 thousand

EBITDA Margin

10 - 20 %

Business Loan

USD 180 K at 10%

Contact Business

Bicycle Shop Franchise Opportunity

Top Speed Bicycle Pvt Ltd, Established in 2022, 7 Franchisees, Virar Headquartered

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Top Speed is a venture by Bharat Cycle started 2 years ago with the motto 'Distribution at mass'. It is designed to entertain the general public with massive choice options among bicycles at retail outlets. The model is to promote mid-range of bicycles in the market with good quality and to keep trust among customers by holding shops as a nearby service center or point of contact. It’s a lucrative investment for investors who are looking for better ROI than most businesses in India. Top Speed has recently managed to start manufacturing its brand-wide range of bicycles into the market with the world's best designs, and classic style, ensuring a quality product and elegant colors.