Events

We Love Cycles bike shop in Central London is on the market

Sponsored post with We Love Cycles

The owner of We Love Cycles bike shop in London has put the store up for sale. 

Located on Whitechapel Road, in the borough of Tower Hamlets, East London, We Love Cycles is a well-established bicycle, e-bike and e-scooter sales and repair company.

The business, which is both a repair workshop and retail store, is on the market with the owner looking for offers in the region of £78,000 (which includes a deposit of £8,500 as a security deposit with the landlord). That price includes leasehold, stock, and fixtures and fittings. 

The store, located on popular London Cycle Superhighway 2, currently has four staff, with a current business turnover of £300,000 per year, with rent at £34,000. 

Current opening times for the store are Monday-Friday 9am-7pm, then 10am-6pm on Saturdays and Sundays. Sale includes all website domains and social media platforms.

Websites:

https://welovecycles.com/

https://welovescooters.co.uk/

https://legal.welovecycles.com/

Social Media:

https://www.instagram.com/welovecycles/

https://www.instagram.com/welovescooterss/

https://www.instagram.com/welovecycles.legal/ 

The owner is looking for a quick sale due to relocating to Dubai. 

For enquiries email legal@Welovecycles.com

View the full listing here

Alex Ballinger

Recent Posts

The top five jobs in the bike trade this week – 26th April

The BikeBiz jobs board helped filled more than 720 positions in 2023, and listings are…

1 hour ago

Fizik debuts Antares Adaptive 3D-printed saddle

Pozzoleone, Italy-based Fizik has expanded its 3D-printed saddle offering with the introduction of the new…

1 hour ago

Van Rysel opens first concept store in London

Van Rysel has opened its first store in London, housed in Decathlon Surrey Quays. Custom-built…

1 hour ago

Bicycle insurtech Two Three Bird acquires Project 529

Global bicycle insurtech business Two Three Bird has announced its acquisition of Project 529 in…

1 hour ago

Traffic UK becomes exclusive distributor of Title MTB

Traffic UK has announced the addition of Title MTB to its UK roster of brands.…

22 hours ago

Extra UK and Cyclex to distribute KMC Chains in the UK and Ireland

Extra UK have become the latest distributor of KMC Chains, Sprockets and Cassettes for the…

23 hours ago