Profile: Turnkey Bike Shop.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
John Sullivan, Broker
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| Primary Phone: |
760-898-6807 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/22/09 |
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| Date Last Revised: |
10/22/09 |
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| BizBen Ad #: |
147021 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$74,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$210,000 |
| Annual Adjusted Net: |
$52,000 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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This Is A Great Business For A Person Or Couple With Bike Repair And Sales Skills. This Business For Sale Is An Authorized Dealer For Many Bikes Including Electra, Raleigh, Redline And Fuji. There Is An Highly Skilled Manager In Place. The Owner Has Maintained Excellent And Verifiable Financials For Review. Bikes 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 Store Has 2500 Sq.Ft. And Is Located In A Shopping Center With Ample Parking And A Frontage Of Busy Highway 111. This 45 Year Old Business Has Been Owned By Current Owner For Eight Years. The Repair Side Of The Business Is Very Profitable And Could Be Expanded. This Turnkey Business Is Priced To Sell And Includes An Inventory Of New And Used Bikes, Skateboards, Parts, Equipment And Office Fixtures. Inventory Value Of 23,000 Is Included In The Purchase Price. A New Buyer Could Increase Revenues Selling Online Or Expanding New Lines. Owner Has Health Issues And Is Eager To Sell. New Buyer Will Have Two Weeks Training And Current Employee May Be Willing To Stay On For A Longer Transition.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
John Sullivan, Broker at 760-898-6807 Non Disclosure Agreement |
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