Bicycle Shop Investment Opportunity in Bangalore, India
|Employees||10 - 50|
|Legal Entity||General Partnership|
|Reported Sales||USD 1.3 million|
|Run Rate Sales||USD 1.5 million|
|EBITDA Margin||10 %|
|Local Time||11:28 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- 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.
We are a multi-brand bicycle retail chain with a range of bicycles for kids, adults and professionals.
- 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.
Earlier than 15 daysDirector, Business Consultancy, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business