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Bike Store-Profitable

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$65,000 $200,000 $70,000

Furniture and Fixtures Value:
$20,000 (included in the asking price)

Inventory Value:
$30,000 (included in the asking price)

Business Summary:
This Main Street Boutique Bike Store has a Great Location in a Great Town! It sells new bikes along with servicing older bikes as well. Great terms are available from the vendors with approved credit. Be just in time for the busy times ahead in this year. The store is open 7 days a week

 
   
   
Year Business was Established: 2006
   
Number of Employees: 2FT  
   
Facilities / Terms of Lease: This 1600SF bike store has been family run since 2006! It has been serving the community for over 10 years! This great Main Street location has great visibility and also rear parking! There is also a huge area in the basement for bike storage. The current lease is month to month but a new 5/5yr lease can be negotiated.  
   
Potential Growth/Expansion: There currently is no marketing campaign or internet presence on this business, which means there is a huge opportunity to expand on this already profitable store. The current client base is recreational but can be expanded on into the specialty or higher end if so desired.  
   
Competition: Very Little  
   
Owner willing to train: 2 Weeks  
   
Reason for selling: Retiring  
 

 

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