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Regional Municipality of Peel County, Ontario
Well-Established Bike Retail and Service Business
Asking Price
CA$750,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Sunil Gulati
Name
Sunil Gulati
Description
Per current market reports, the bike industry is now poised for an 8% CAGR over next 10 years, signifying a significant opportunity for a turnaround.
Highlights:
Highly reputable brand name within biking community.
Over 10,000 accounts and e-mails.
Revenues from bike, apparel, service and parts sales.
Complete offering to customers.
Fully trained and motivated staff, owner is able to operate with minimal supervision.
Current owner will train for a smooth transition.
Asking price includes $450k inventory and working capital.
Also included in the asking price are leasehold improvement and other fixed assets of about $300k.
Seller financing is available for qualified buyer.
Business is ideal for:
A hands on operator or family that desires an established and successful business.
Business owners within the bike businesses, sports or gym owners who desires to add significant sales revenue, consolidate within the existing operations, reduce marginal costs through economies of scale and garner higher market share.
The Confidential Information Memorandum (CIM) will be accessible exclusively to qualified buyers who have completed both a Non-Disclosure Agreement (NDA) and a Buyer Profile (BP).
https://www.tworld.ca/locations/Ontario/toronto/listings/Well-Established-Bike-Retail-and-Service-Business
Business Details
FE&E:
CA$300,000
Reason for sale:
Sale of a non-core business
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
3301-551677
Sales:
CA$1,095,258
Inventory:
CA$450,000
Posting Information
Posting ID:
tw:73763
Business Category:
Sports Related Biz, Distribution, Retail Miscellaneous
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Well-Established Bike Retail and Service Business
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*73763
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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