Here is an exceptional entrepreneurial opportunity with an established setup and customer base. You can step into the ownership of Mackay Cycles, a cornerstone of the cycling industry in Mackay, QLD. Established in 2011 with Specialized Bicycle Company, the business offers premium cycles, high-quality servicing, and customisation. What sets Mackay Cycles apart is its robust E-commerce platform that complements its physical stores, a substantial social media following, and exclusive dealership agreements with industry-leading brands. With significant growth potential, it's a promising investment for driven individuals.
The dealership located in Paget covers a broad area from Mackay to Rockhampton and westward to Emerald. In 2019, the business entered into a partnership with Trek, which has been flourishing ever since. In addition, the brand is a pioneer in the online retail space for Specialized products delivered across Australia. Mackay Cycles has a strong 2,700+ followers on Facebook and enjoys an impressive 4.9-star rating on Google reviews. The business reported a remarkable 15-20% increase in sales over the last six months, with its e-commerce website alone generating up to 10% of the annual turnover. It also has minimal competition in the location.
Mackay Cycles has strong relationships with suppliers and a well-trained staff of skilled mechanics, sales assistants, and experienced managers. There is significant potential to increase the daily operational hours and introduce Sunday openings. This expansion can substantially boost sales and turnover, capitalising on increased customer availability and demand. The sale includes stock on hand, workshop tools, an e-commerce website, fittings, and a customer base with 8k+ contacts and 4300 subscribed emails.
Features of the Business:
Highly successful cycle sales and services business in Mackay
Excellent online presence with massive site traffic and followers
E-commerce website generating up to 10% of annual turnover
Strategic partnerships with Specialized and Trek
Loyal customer base with growth potential across Australia
All stock and equipment included in the sale
5-year lease ending 2027, with a 5-year option
Training and support for a smooth transition
This is a high-growth business opportunity with untapped potential. A motivated buyer can easily boost the profits and leverage the goodwill to reach the next level. If you wish to make this thriving business your own, contact us on the number given above TODAY!
