Property ID : WSD24.316
For Sale $474,900.00 - Bicycle Shop
DESCRIPTION:
- A Very Profitable and Unique Bicycle Shop for sale located in Western New York
- Wide range of products including Road , Comfort, and Youth bicycles, parts, and accessories
- Services include tune-ups, adjustments, and repairs
- Has been successfully in operation for over 30 years
- There are consistent sales and it has a very loyal customer base.
- Currently open 4 days a week at 8 hours per day.
- The owner will stay on as an employee/consultant over an agreed upon of time to ensure a smooth transition for the Buyer.
ASSETS/FIXTURES/EQUIPMENT (Included in the Asking Price)
- Furniture, Fixtures, and Equipment at a Fair Market Installed Value of $ 17,000
- Inventory at cost of $ 250,000
SALES AND SDE:
Sales: 2022 – $ 823,092 2021 – $ 1,047,154 2020 – $ 798,092
SDE: 2022 – $ 146,198 2021 – $ 223,983 2020 – $ 146,847
PRICE/FINANCING:
The Asking price is $ 474,900
LEASE:
Gross rent is $2,500/month.
Lease terms are negotiable; seller is also building owner
COMMENTS
- Great business for the sports and exercise enthusiast individual, or an existing Bicycle Shop looking to expand their customer base and product line offerings.
