Busy Bicycle Shop in South East Florida. Great Location, is very established and is well equipped. Sales Revenue over the past decade has been between $1.1m to $1.6m each year. Even during covid. Selling significant brands of bikes, e-bikes, gear, and accessories. Service department for repairs, maintenance, and assembly. Loyal and repeat clientele. The store’s selection appeals to the serious enthusiast and to the casual peddler—experienced and knowledgeable staff. Excellent vendor relations. The sale includes $350k of sellable inventory, 67k of equipment. This is a turnkey operation and the seller will stay and train a new owner—seller offering $50,000 financing at 6% for 3 years. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Simon Polzer at . Please refer to listing #6401259836.
- Asking Price:
- $600,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,281,251
- Cash Flow:
- $59,353
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: $ 19,978 Square Footage: 10,000 Building Type: Retail Strip Terms & Options: Expiration Date:09/30/2025
Business Operation
- Competition / Market:
-
Non Compete : Miles: 200 Years: 5
- Reasons for selling:
-
Retirement
- Employees:
- 7
- Years established:
- 25
Other Information
- Support & training:
-
Weeks Training: 4 Cost: $0
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Loan/Seller - Amt: $50,000 Mos: 36 Rate: 6% Mo Pmt: $1,521.10
- Furniture / Fixtures value:
- $1,281,251 - included in the asking price
- Inventory / Stock value:
- $59,353 - included in the asking price