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Bicycle Shop Investment Opportunity in Bangalore, India

Multi-brand bicycle retail chain seeks investment for expansion.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 1.3 million
Run Rate Sales USD 1.5 million
EBITDA Margin 10 %
Industries Bicycle Shops
Locations  Bangalore
Local Time 11:28 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 640 thousand for 15.0% stake (Native Currency: INR 50,000,000)
Reason: We are expanding our business now. Need investment to bring our own bicycle brand. Since we have a g... View More
Includes physical assets worth USD 500 thousand
Interested to connect with advisors
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Available after connect
Business Name
Not disclosed
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Business Overview

- 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.

Products & Services Overview

We are a multi-brand bicycle retail chain with a range of bicycles for kids, adults and professionals.

Facilities Overview

- Rented office space and godown in Bangalore.

- More than 10 franchise outlets and a couple of own stores across Bangalore, Hubli, Udupi and Hosur. Built-up area of each store varies from 800- 3,500 sqft.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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