Specialist Manufacturer of Bike Storage & Street Furniture

Horley, Surrey
REF: INT1838

Asking Price:
£40,000
Annual Turnover:
£86,181
Annual Net Profit:
£35,883
REF: INT1838
Photo of Specialist Manufacturer of Bike Storage & Street Furniture
Photo of Specialist Manufacturer of Bike Storage & Street Furniture
Photo of Specialist Manufacturer of Bike Storage & Street Furniture
Photo of Specialist Manufacturer of Bike Storage & Street Furniture

Overview

Tenure:
Leasehold
Established:
2015
  • Excellent Reputation
  • Huge Growth Potential
  • Well Equipped Business
  • Equipment Included
  • Wide Variety of Products & Services

The business for sale is a unique manufacturer of bike storage, street furniture, and a wide range of other custom products.

First established in 2015, this Horley-based company has truly built up an enviable industry reputation – now boasting a large and loyal customer base and an impressive number of positive reviews on the likes of eBay and Facebook.

Offering a wide range of bespoke solutions, popular products include bike racks, gates, fencing, planters, and more for both residential and commercial clients. All of their solutions are fully customisable to suit their customer’s specific needs, aesthetics and budget. All of their products are built using the highest quality timber and metal – including the option to incorporate a Green Roof, boasting economic, ecological, and societal benefits. Their current average lead time sits at approximately 6-8 weeks.

At present, the business offers nationwide delivery and installation. Customers are able to make enquiries via their SEO optimised website or can make purchases through their reputable eBay profile (currently sitting at 100% positive Feedback).

With current active jobs and ongoing enquiries, a new purchaser would be in a position to continue trading immediately. This is a business with huge future potential. Not only do their products encourage cyclists, but their Green Roof products offer a sustainable solution that taps into current climate issues and concerns.

Available on a leasehold basis, rent is payable at a rate of £12,000 per annum. Only for sale due to a change in the current owner’s personal circumstances, this is truly an opportunity not to be missed.

At present, the business operates from a leased warehouse space in an ideal location just off the M25. Their products, however, are available for delivery and installation all across the UK.

This sale includes all of the relevant equipment required for an immediate start, including a MIG welder, 3 phase converter, metal guillotine, folding sheet machine, pillar drill, metal circular saw, metal, and other items in stock.

Their website is currently well-optimised for SEO purposes, ranking on page 1 of Google for relevant search terms such as ‘green roof bike shed’.

A new owner would also inherit social media profiles with an established following and a well organised QuickBooks account. The business is both VAT and PAYE registered.

This opportunity would be best suited to an individual with a passion for product creation looking to step out with their own manufacturing business. Similarly, it would make an ideal bolt-on acquisition for an existing bicycle company looking to expand their service offering and diversify their portfolio.

Despite the ongoing COVID-19 pandemic, this business has maintained impressive financial figures over the last 12-months.

There are a number of ways in which this business can be grown further. Their existing website has been built using Shopify, and whilst it ranks well on search engines it could be optimised further to allow customers to make direct purchases and payments as opposed to first having to submit an enquiry. A new owner could also look to replicate the business’ current success on eBay through other third-party marketplaces like Amazon.

Features

Key Information

  • Products Manufactured: Other

Reputation

  • Google: 5

Online Presence

  • Facebook: Yes
  • Twitter: Yes
  • Instagram: Yes

Website: www.atlanticbike.co.uk

Location

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  • Home Based
  • Office Based

Property

Annual Rent
£12,000
Annual Rates
TBC
Lease Term (Years)
1
Lease Expiry (Year)
2021
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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