Business for sale

Cycling retail company

Cycling retail company
Transeo Deal Club
Deal Club
Transeo
Brussels - Belgia
N/A
N/A
Selling price: 2.000.000 EURO
Annual turnover: 2.247.000 EURO
Real Estate Value N/A
Operating profit (EBITDA) N/A
County / City: Barcelona
Country: Spain

Short description

 Retail store and cycling hub, with a repair workshop, sale of accessories, clothing, bicycle rentals, organization of leisure rides and cycling tourism.
The founding partners opened the store near Barcelona (Terrassa) in 2006, which they later expanded by acquiring another space with more surface area through self-financing in 2008. In 2011, they relocated to a larger space of approximately 600m2, also self-financed.
Finally, in September 2016, they moved to the current 700m2 location. Their business has steadily grown, along with their revenue. By 2011, their revenue was around 600,000 euros, reaching 1 million euros in 2017. Currently, in 2023, their revenue stands at 2.5 million euros. This increase in revenue has been constant and exponential, especially in the past 5 years, with even more growth during the pandemic.
Thanks to online sales, they reach customers throughout Spain and Portugal, and they are one of the leading specialized cycling retailers in Catalonia and one of the largest in Spain. At this moment, online sales account for 30% of their total revenue.
As a result of their success, the partners feel it's time to expand and become the top retail store in the cycling industry. They aim to grow into a large-scale operation. To achieve this, they are actively seeking an investor partner, but they are also open to the possibility of selling the company.

Reason for sale: In recent years, the company has undergone remarkable growth. To take their progress to the next level, they are actively seeking an investor to come on board. The owners are opened to talk about the acquisition of the whole company.
The company has a strong presence in Catalonia and the Spanish market, and some presence in Portugal.To take their progress to the next level, they are actively seeking an investor to come on board.

Ideal buyer: An individual or company associated with the world of cycling or sports in general, looking to expand into the Spanish market.
When advertising a business for sale, the person doing this advertising has the professional obligation to keep the business's and shareholders' information confidential. Therefore, data fields marked N/A can only be disclosed by signing a Non-Disclosure Agreement (NDA).

Detailed information

Business established on N/A
Turnover from previous years N/A
Trademark N/A
Goodwill N/A
Seller/bank financing N/A
Approximate inventory N/A
Inventory included in price N/A
Number of Employees 7
Support and training N/A
Reason for sale N/A

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