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.