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Bike Sales, Rentals, Service, Accessories For Sale - Central Coast, California
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Profile: This Business Is One Block From The Beach!
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Gary Bayus, Broker
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| Primary Phone: |
805-773-5447 |
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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: |
10/6/09 |
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| Date Last Revised: |
10/6/09 |
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| BizBen Ad #: |
148981 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$84,720 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$93,322 |
| Annual Adjusted Net: |
Call/Email |
| 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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Paradise Is Calling. Why Fight The Crowds And The Traffic? This Business Is One Block From The Beach! Great Service, Bike Rentals, And Bicycle Sales For Cayucos. Exploring The Towns That Make Up The Beautiful Central Coast Coast Is Always Better On A Bicycle. Rental Bikes Are Available, Providing A Good Form Exercise For Vacationers Of All Ages. Most Cities And Towns On The Central Coast Accommodate Visitors With Convenient Bike Paths. For Those That Don't Currently Offer Bike Paths, A Share The Road Policy For Bikers And Drivers Is In Place.
Reserve By Phone And They Will Have Your Bikes Delivered To Your Door Or In The Shop Ready To Roll. Just Sign A Rental Contract And You'd Be Off And Pedaling. At Cayucos Beach Cruisers They Carry The Latest Model, Top Quality Bicycles In A Variety Of Styles To Suit The Diverse Terrain Of This Central Coast Town. For Exploring Our Beautiful Downtown Streets, Going Off-Road To Experience The Stunning Natural Surroundings Of Cayucos, Or Perhaps The Best Of Both Worlds; They Have The Right Bicycle For All Adventures. Current Sales Are Approximately 1/3 New And Used Bike Sales, 1/3 Accessories And 1/3 Service And Repair.
Rental Rates:
Bikes…$10 Per Hour *** $25 – ½ Day ** $40 All Day
Surries
2 Person: $20 Per Hour ** $40 – ½ Day ** $70 All Day
4 Person: $30 Per Hour ** $50 – ½ Day ** $80 All Day
Fun Cycles: 3 Sizes
$10 Per Hour ** $25 – ½ Day ** $40 All Day
Tandems & Electric Scooters
$16 Per Hour ** $40 – ½ Day ** $60 All Day
Authorized Dealer For:
Nirve
Khf
Sun Bikes
Torquer
Industry Trend:
“Bicycle Sales Are Accomplished In This Country Through Four Primary And Distinct Channels Of Distribution – The Specialty Bicycle Retailer, The Mass Merchant, Full-Line Sporting Goods Stores, And ‘other’, Which Is Comprised Of A Mixture Of Retailers, Including Multisport Stores Such As Rei, Outdoor Retailers And Mail Order. Department, Discount, And Toy Stores Sell Mostly Price-Oriented Products. Approximately 75% Of Bicycle Units Were Sold Through The Mass Merchant Channel In 2006, But This Represented 37% Of The Dollars Due To The Declining Average Selling Price Of $72. The Approximately 4,600 Specialty Bicycle Retailers Feature Higher Quality Merchandise, And Also Rely On Adding Value Through Added Customer Services Such As Bike Fitting, Expert Assembly And Repair. This Channel Commanded Approximately 17% Of The Bicycle Market In Terms Of Unit Sales In 2006, But 48.9% Of The Dollars, A Dominant Dollar Share. Dealer Price Points Generally Start At Around $200, With The Average At Approximately $422, Though Prices Can Range Into The Thousands. While The Number Of Specialty Bicycle Stores Has Declined In Recent Years Due To Consolidation, This Is The Only Distribution Channel That Maintained Or Increased Average Retail Bicycle Selling Price. The Recent Trend Has Been For Mass Merchant Gains In Unit Sales Market Share, But Stability In Dollar Market Share Due To Declining Prices In The Mass Segment.”
Services Offered:
• Rent Bikes
• Rent 2 & 4 Person Surries
• Rent Fun Cycles In 3 Sizes
• Rent Tandems
• Rent Electric Scooters
• Buy New & Used Bikes
• Go On Tours
• Bike Repairs
• Buy Jewelry
• Fresh Cut Flowers
• Buy Beach Apparel
Growth Potential:
• Create Website – Sell Online
• Expand Product Line To Include Inline Skates, Exercise Equipment, And A Variety Of Other Recreational Products
• Grow Accessories Segment
Average Expenses For Specialty Bicycle Retailers:
Expenses As A Percentage Of Annual Sales:______________________________________
Payroll Expenses ………………………………………………………………….20.5%
Occupancy ………………………………………………………………………….7.7%
Advertising/Promotion …………………………………………………………………3%
Auto/Delivery …………………………………………………………………….0.5%
Depreciation ………………………………………………………………………….0.9%
Insurance …………………………………………………………………………….0.8%
Licenses/Other Taxes ………………………………………………………….….0.5%
Professional Services .0.5%
Office Supplies/Postage .1.2%
Telephone .0.6%
Travel/Entertainment .0.4%
Other .1.3%
Total Operating Expenses .37.7%
Net Income Before Tax .4.2%
Gross Margin On Bicycle Sales .36%
Gross Margin On Clothing Sales .43%
Gross Margin On Other Equipment .48.1%
Area:
The Central Coast Of California Is One Of The Most Sought After And Lowest Cost Places To Live By The Ocean, With An Explosive Investment Real Estate Growth. Supported By Tourism And Surrounded By Pristine Beaches, Wine Country And Healthily Living Makes This A Dream Destination. The Area Is Still Small Enough To Be Considered Rural With Huge Growth Potential. Rarely Do You Find The Perfect Convergence Of Location, Land, Climate, Heritage, And Architecture.
The Central Coast Represents A Truly Unique Opportunity. A Chance To Live In A Place Of Exquisite Beauty, Yet Have Close Access To Both Northern And Southern California And All Activities One Could Imagine. In This Kind Of Environment With So Much To Do And Explore, People Thrive, Families Bond, And Dreams, Quite Naturally, Take Flight. Located At The Exact Halfway Point Between San Francisco And Los Angeles, Local Government Supports Small Businesses And Growth Potential.
This Area Is Slated As The Next Malibu Beach, And A Smart Investor Would Get In Now And Grow With The Wealth. Observed By Jay Leno And Brad Pitt (Local Residents) As Their Best Place To Buy Property On The Coast Of California.
The Central Coast Will Exceed Your Expectations, Expand Your Opportunities, And, Just Possibly, Help Set Your Life On A Whole New Course. Buying A Business On The Central Coast Will Allow You To Immerse Yourself In The Elegant And Unique Style. Owning A Business Here Offers A Completely New And Unique Opportunity To Live In This Dramatic Coastal Setting. Here Life Centers Around Adventure, Growth, Wellness, And Strong Personal Connections.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Gary Bayus, Broker at 805-773-5447 |
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