Bicycle Retailer & Workshop - Ringwood

Bicycle Retailer & Workshop - Ringwood — Retail · Ringwood · Asking $295,000 · Net Profit $119,000

Well-regarded bicycle retailer and repair workshop in Ringwood, south-east Melbourne Retail display of new bikes and e-bikes alongside a busy service bench Skilled technicians covering both classic mechanics and modern electric systems Disciplined stock management and a strong supplier network in place Established brand, loyal customer base and repeat service clientele Scope to expand online…

DealProspect/Listings/Retail

Bicycle Retailer & Workshop - Ringwood

General Retail

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$295,000

Disclosed · AUD

Revenue (est.)

~$653,487

Estimated · comparable listings of this type and size

Net Profit

$119,000

Implied multiple

2.5×

asking / earnings

Brief

Well-regarded bicycle retailer and repair workshop in Ringwood, south-east Melbourne
Retail display of new bikes and e-bikes alongside a busy service bench
Skilled technicians covering both classic mechanics and modern electric systems
Disciplined stock management and a strong supplier network in place
Established brand, loyal customer base and repeat service clientele
Scope to expand online sales, fleet servicing and community events

General retail businesses in Victoria

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Listed

127

+15 in 30 days

Median asking

$188K

116 priced

Median revenue

$612K

88 disclose

Earnings multiple

2.4×

205 listings

Price drops

in 30 days

Asking price spread116 of 127 state a price

This listing · $295K

28%

35%

20%

11%

Under $100K$2.5M–$5M

Australia 310 · Queensland 76 · New South Wales 52 · Western Australia 21 · South Australia 9

Restaurants 1021 · Takeaways 942 · Cafes 897 · Liquor stores 145 · Convenience stores 139 · Bakeries 126

Priced like this one

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