Moped and Bike store WITh Property
| Asking Price: | $675,000 | Inventory: | |
| Gross Revenue: | $483,918 | Real Estate: | $450,000 ++ |
| Cash Flow: | $200,062 | FF&E: | $50,000 ++ |
| ++ included in the asking price ** not included in the asking price |
Nearly 30 years developing a solid reputation for sales and service in both the moped and bike industry makes this well know retailer the go to store for moped, and bikes. Great cash flow. Real estate recently appraised at $450K. Should qualify for conventional bank financing or seller is willing to hold a note for qualified buyer.
About the Business
Year Established:1980
Employees:1 full time - 2 part time
Relocatable:Yes
Facilities:Stand alone building on approx. 1/2 acre. ample street parking available.
Market Outlook and Competition:No other retailer offers the wide range of product.
About the Sale
Reason For Selling:Looking to retire and possibly relocate.
Seller Financing:Seller willing to hold note for up to $250,000 to qualified buyer.
KEYWORDS: Great cash flow, real estate included, seller financing, solid reputation.
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