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Premium Bike Shop
| Asking Price: | $74,000 | Inventory: | $23,500 ++ |
| Gross Revenue: | $216,000 | Real Estate: | n/a |
| Cash Flow: | $52,000 | FF&E: | $2,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is a good business for a person with bike repair and sales skills. The business is an authorized dealer for many bikes including Electra, Raleigh, Redline and Fuji. Business has an excellent manager in place. The owner has maintained excellent verifiable financials and records and this business has provided him a nice living for many years. Bikes, skateboards and exercise are very popular, and having a friendly neighborhood service and sales expert is often preferred over buying from the big box stores. The leased building is 2500 sq. ft. and is located in a busy shopping center with ample parking and frontage on Highway 111 in Indio. This 45 year old bike shop has been owned by current owner for eight years. This turnkey business has an excellent reputation and is priced to sell. It is fully stocked with new and used bikes, skateboards, parts, repair equipment, accessories, office equipment, a new compressor and more. A new buyer could expand the repair service department and begin offering bikes and accessories for sale on-line. New owner will have two weeks of training included and a key employee may be willing to stay on with buyer for a longer transition. Owner has health issues and is eager to sell to a qualified buyer.
About the Business
Year Established:1965
Employees:1 full time - 1 part time
Relocatable:Yes
KEYWORDS: bike, bicycle shop, skateboard,
Sell Your Business | This listing has been viewed 271 times
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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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