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Established Bicycle Shop In Kings County New York For Sale

New York, US
Asking Price:
$149,000
Sales Revenue:
$208,000
Cash Flow:
$130,000

Looking for a bargain business opportunity in Brooklyn, NY? Check out this long-established Bicycle Sales & Repair Shop! With 30 years of service to the community, this shop has a solid reputation and verifiable cash flow.

The owner is motivated to sell quickly, as he and his family plan to relocate to Florida. You'll receive comprehensive transitional support and training from the owner, who will also provide tips for further improving the business.

Despite some clutter, the 500 sq. ft. street-level shop and spacious basement have proven profitable, with stellar customer service and reviews. The landlord is open to extending the existing lease or offering a brand-new one.

Business Operation

Reasons for selling:

Owner is relocating

Employees:
1 FT
Years established:
30

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

99,000.00 Down & $50,000 at 5% over 24 months

Furniture / Fixtures value:
$10,000
Inventory / Stock value:
$30,000