The We Love Cycles bike shop in central London is on the market – Community

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

Located on Whitechapel Road in the Tower Hamlets district of east London, We Love Cycles is a well-established bicycle, e-bike and electric scooter sales and repair business.

The business, which is both a repair shop and a retail store, is in the market and the owner is looking for offers in the range of £ 85,000 (which includes a security deposit of £ 8,500 from the owner). This price includes the lease, the stock and the fittings and accessories.

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

The store’s current opening hours are Monday to Friday 9 a.m. to 7 p.m., then 10 a.m. to 6 p.m. on Saturdays and Sundays. The sale includes all areas of websites and social media platforms.


Social media:

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

For email inquiries [email protected].

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