Great Bike Sales & Repair Store For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $260000
Net Profit / Cash Flow $90780
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1953
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Owner is retiring.
Description Suffolk Bike & Cycle Store for sale. 3300 square foot store established 55 years! Seller retiring and offers this store below market value. This great niche business has lots of growth potential. Store includes over $40,000 in inventory and fixtures. This store can double its sales with some updating and advertising. Seller will hold a $50,000 note. Seller landlord offers super lease and rent. Landlord can include additional 4,300 square feet for a extra $2,000 per month. Seller may consider selling property. This bike shop now Sells GT, Mongoose, Schwinn and other top brands. They offer sales, service and repairs. The sky is the limit!
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