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Big Potential Bike shop For Sale

14/wk
Fairfield County, Connecticut, United States
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Asking Price$59,000
Revenue$291,324 EstablishedUndisclosed
Cash Flow$66,014 Employees2 part-time
FF&E$15,000 FranchiseNo
Inventory$20,000 RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Very Well known and well established Bike shop in the ultra wealthy area. Low rent for the area as sub tenants pitch in both rent and utilities. Also, very friendly landlord. Best reputation in the town & surrounding and also numerous 5 star reviews online. New buyer will be trained to continue to remain successful and profitable.One of the pioneer bike shop with commercial address and offering mobile services. Seller has low inventory but higher profits business model with VERY limited hours of operation. Business is open only 11 AM to 5 PM on Wednesday, Friday and Saturday. Mobile services are offered Tuesday and Thursday from 10 AM to 5 PM.Seller has created tremendous goodwill for next buyer who can expand on greatly in this area where spending money will be no issue at all for affluent patrons.
Training/Support:The seller will train the new owner.
Seller Financing:44,250.00 Down & 14,250 financed over 2 years at 8%
Sale Reason:Family reasons
Ad #93695
Seller Reference #29722
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Contact This Seller
Amit Desai
1-877-735-5224
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