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yourdomain > Finger Lakes > business > A Very Profitable Bicycle Shop for sale - $478,900 (Western NY)

A Very Profitable Bicycle Shop for sale - $478,900 (Western NY)

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Posted : Tuesday, September 26, 2023 04:34 PM

For sale is a Very Profitable and Unique Bicycle Shop located in Western New York This business sells a wide range of products including Road and Comfort bicycles, parts, and accessories In addition to selling the best bicycles on the market it has its own two trade-marked product lines they produce and sell.
Services include tune-ups, adjustments, and repairs It has been successfully in operation for over 30 years There are consistent sales and it has a very loyal customer base.
The owner will stay on as an employee/consultant over an agreed upon of time to ensure a smooth transition for the Buyer.
Included in the Asking Price of $ 478,900 is Furniture, Fixtures, and Equipment at a Fair Market Installed Value of $ 17,000 and Inventory at cost of $ 250,000.
Sales in 2022 were $ 822,590 and the Owner's Cash Flow was $ 150,659 The Buyer has the option to pay a Gross rent of $2,500/month at the current store or relocate the business.
This is a great business for the sports and exercise enthusiast individual, or an existing Bicycle Shop looking to expand their customer base and product line offerings.

• Phone : NA

• Location : Dansville,NY

• Post ID: 9009147028


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