Established in a growing community in north eastern Florida is this highly regarded and successful family bike shop that has constructed a solid foundation for further growth and success based on their impeccable reputation. They do bike repair, bike fittings and bike trade-ins. They also offer financing and sell accessories. This is an exceptional opportunity for an energetic entrepreneur who wants to tap into the substantial growth potential that this business has to offer. Inquire today to learn more about this impeccable business and the future that it holds! Assets are to include $11,000 in F/F/E. Ask for the "for sale by owner" portfolio #6008
Asking Price: $99,999 Gross Revenue: $230,888Cash Flow: $49,166 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $11,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
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