52yr Bike Sales/Service $79k + $570k for Building ~ 2,800sf 8040sf lot

Asking Price$79,000

Cash Flow
$55,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$129,000

Inventory$75,000
Included in asking price
FF&E$20,000
Included in asking price
Real Estate$570,000
Not included in asking price
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52yr Bike Sales/Service $79k + $570k for Building ~ 2,800sf 8040sf lot


Asking Price$79,000

Cash Flow
$55,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$129,000

Inventory$75,000
Included in asking price
FF&E$20,000
Included in asking price
Real Estate$570,000
Not included in asking price
Business Description
MAJOR PRICE REDUCTION - Owner Wants SOLD and asking $570k for commercial building.
OFFERING Stand Alone Real Estate for sale if Buyer is interested.
First time ever in the generational ownership, this Phoenix bike shop is offered for sale. New, Used, Parts, Service for all makes and models keeps the residents of our City moving. If you have a passion for all things bicycle, than take a closer look at this offering.

BUYER MUST relocate the bike shop business as the landlord is selling the building separate from the shop. If business buyer wants to own the real estate, we can help facilitate the sale.
About the Business
Years in Operation
46
Employees
0
Currently Relocatable
Yes
Facilities & Assets
Stand-alone real estate with room for new, used and repairs has been the home for this bike shop the past 30+ years. Unless the buyer will pay market price for the real estate, the Seller is asking the new bike owner to relocate the business.
Seller is offering this single tenant commercial real estate for $570,000
Market Outlook / Competition
This bicycle shop has moderate competition for initial bike sales, but big box stores can never compete with the service and supply this business offers.
Opportunities for Growth
This business has been run as a basic bike shop and could offer riding events or other marketing tactics to draw in new customers spending.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
2,800
About the Sale
Seller Motivation
retirement
Transition Support
The first couple of weeks is gratis training, longer on consulting contract as agreed between buyer and seller.
Listing Info
ID
2279011
Listing Views
1532

Contact Seller

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Business Listed by: Michael Gaida NAI Horizon

Listing ID: 2279011 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. See our full Terms of Use. Learn how to avoid scams.


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