Bike And Fitness Equipment Shop
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $750000
Net Profit / Cash Flow $138800
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1940
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Other business interests.
Description Long Established (70 years) Bicycle and Fitness equipment store for sale. High net, run semi absentee. Fantastic web site provides community biking events, resources, cycling news, bike commuter tips etc. Local institution. Loyal multi generational client base. Lease 6.5 5 years plus 5 yr option. $50k of parts included. Some exclusive product lines- Trek, Giant, Electra, Haro, etc. Well stocked bikes, tread mills, elliptical spinners and parts and accessories. If you are looking for a high net profit year after year.... If you are looking for a long established business that is easy to run... Look no further and call today! This bicycle shop is a great buy. The owner wants out now as his other business is too time consuming. Now is the time to act.
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