Property Details

A Very Profitable and Unique Bicycle Shop for sale - Many Territories

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.

 

Agent Stephen DiPaolo

  • Office : 585-247-4750
  • Fax : 585-247-4794

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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