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Asking Price$545,000
Revenue$1,500,000 EstablishedUndisclosed
Cash Flow$200,000 Employees5 full, 5 part
FF&E$35,000 FranchiseNo
Inventory$200,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
One of Long Island's Premier Bicycle businesses is searching for a new owner. From Schubin, Germany [now Szubin, Poland], to Berlin, to Brooklyn, and finally to Long Island, this store has been in existence since 1913. The current owner has it for the last 35 years. They specialize in Cannondale, Trek, Felt, BMX, and GT bikes, just to name a few. Whether you're buying your child's first bike or you are a professional racer, this is where you want to buy! In addition, custom bikes are a substantial part of the business. Bike accessories, shoes, and clothing are also offered. There are highly trained and experienced assembly and repair mechanics who also do Factory Authorized work on almost every brand. The head technician wants to stay with the business. The store occupies it's own 3000 sq ft building [which can be purchased separately if desired] in a very prominent location in Suffolk County. Known to bikers far and wide, this IS one of Long Island's leading bike stores. Owner will stay for 6 months or more, terms to be negotiated.

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Training/Support:The seller will train the new owner.
Seller Financing:100,000.00 Down & Negotiable-TBD
Sale Reason:Retiring after 35 years
Ad #73751
Seller Reference #27127
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Contact This Seller
Ken Zwiebel
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