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Bicycle Shop for Sale in Chiang Mai, Thailand

Business that Sells, services and provides renting of bicycles and accessories, looking for immediate sale.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 90 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 13 %
Industries Bicycle Shops
Locations  Chiang Mai
Local Time 5:03 PM Asia / Bangkok
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 95 thousand (Native Currency: THB 3,500,000)
Reason: Failing health of owner.
Includes physical assets worth USD 80 thousand
Interested to connect with advisors
Documents
Business Overview

- We are the only truly foreigner-oriented cycle shop in Chiang Mai.

- Many loyal foreign and Thai customers.

- Sales and revenues will double first year.

- Focus on quality work and customer service in English and Thai.

- One exclusive bike line and three other major lines.

- Established good vendor relationships.

Products & Services Overview

Sell new and used bicycles.

Rent bicycles.

Sell accessories.

Repair bicycles.

Buy / accept trade in of used bikes for repair and resale.

Help our customers better understand their bikes!

Facilities Overview

"Double shop front" on a well-traveled, one-way street on the edge of the old city. First floor has retail space, work area, back rooms for some storage and "dirty" work areas, and customer bathroom. Second level has two large storage rooms for built and boxed bikes, a "computer room, " an air-conditioned bedroom, small kitchen area, bathroom and shower, clothes washer, etc. It is possible to live comfortably in this space.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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