High End Bicycle abd Athletic Shop
| Asking Price: | $650,000 | Inventory: | $500,000 ++ |
| Gross Revenue: | $900,000 | Real Estate: | n/a |
| Cash Flow: | $115,000 | FF&E: | $50,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The Bicycle store is on a busy highway in Central NJ. It is open 7 days a week. They sell new “top of the line” bicycles, as well as parts, accessories and apparel. To maintain the high sales volume during the winter months, they carry skis, snow boards and related apparel. They carry a wide selection of bicycles. The new owner will have to qualify as a distributor with each bicycle company. The store also does bicycle repair and sells used bicycles. The seller states he grossed $900,000. He is asking $650,000, which includes approximately $500,000 in inventory. He said he cash flowed $115,000. Contact us at listing@easyspan.com, reference "Bicycle Shop-#195" for more information.
This information has been secured from the Owner/Seller of the business. Easy Span Enterprises, and Easy Span Business Brokers in no way guarantee the accuracy of such information, nor do they warrant any assumptions as true and correct. The business may be withdrawn from sale without notice
This information has been secured from the Owner/Seller of the business. Easy Span Enterprises, and Easy Span Business Brokers in no way guarantee the accuracy of such information, nor do they warrant any assumptions as true and correct. The business may be withdrawn from sale without notice
About the Business
Year Established:1975
Employees:6 part time
Facilities:Recently renovated 4,000 +/- sq ft facility. Plenty of showroom, service and storage area to handle the current volume plus more. Very efficient and convenient store layout. There is abundant parking in this newer facility.
Market Outlook and Competition:They are the only game in town. They carry several top-of-line bicycles where the manufacturers limit the number of distributors. The business has several specialty lines. Additional lines can be added as well as other types of products.
About the Sale
Reason For Selling:The seller is tired after 30 years and wants to retire.
Seller Financing:The seller is flexible
KEYWORDS: Bike, bicycle, fish, fly fish, ski, skateboard, rod, reel, repair, apparel, snowboard, sales, service, retail, sport
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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