Central London’s We Love Cycles bike shop is on the market – Community
Sponsored post with We Love Cycles
The owner of We Love Cycles bike shop in London has put the shop up for sale.
Located on Whitechapel Road in Tower Hamlets, East London, We Love Cycles is a well-established business selling and repairing bicycles, e-bikes and e-scooters.
The business, which is both a repair shop and retail store, is on the market and the owner is seeking offers of around £78,000 (which includes an £8,500 deposit as a deposit of warranty with the owner). This price includes the lease, the stock and the fixtures and fittings.
The store, located on the popular London Cycle Superhighway 2, currently has four employees, with a current turnover of £300,000 a year, with rent at £34,000.
The store’s current opening hours are Monday to Friday from 9 a.m. to 7 p.m., then from 10 a.m. to 6 p.m. on Saturdays and Sundays. The sale includes all website domains and social media platforms.
Owner is looking for a quick sale due to relocation to Dubai.
For email inquiries [email protected].
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