The subject of the sale is a company engaged in retail and wholesale in the area of bicycle assortment. The company has more than 8 years of the market experience, during which time it has built up a very reputable name in the field. The company mainly specializes in the sale of bicycles and e-bikes, but also sells accessories, cycling clothing and operates a bicycle maintenance servis.
The company operates through 3 established brick-and-mortar stores in central Slovakia, and also operates a developed e-shop serving the entire Slovak Republic. In 2021, the company recorded more than 16,000 sales, and in the first half of 2022, close to 9,000 sales. The retail margin of the company on most items is approximately 35%. Most of the sales come from retail sales. Sales from the maintenance servis activity are approximately 10% of the total sales.
All 3 stores are between 100 and 150m² and are independently managed. The stores are leased for the total amount of 2,700 EUR/month.
The company currenly employs 9 employees. Each store has 1 sales manager and 1 assistant salesperson. In addition, the employees include 1 perosn for the management and management of the e-shop, 1 service technician and 1 sales director. All (9) employees work for the business and may stay after the sale. The owner does not intervene in the daily operations. He performs only control activities which takes him approximately 1-5 hours/week.
The subject of the sales is a part of the company including the brand, domain, e-shop, 3 established functioning stores, store equipment, trained staff, market position, supplier relations, and know-how. Included in the sale is also inventory with an indicative value of EUR 300,000, but is not included in the stated price. The amount of inventory changes over time, so the stated price per business will increase according to the current amount of inventory. The higher stock level is always at the beginning of the season in the spring.
The sale structure does not include s.r.o., because other activities are also conducted under its name.
Total annual sales
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