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Business For Sale
DISTRIBUTION
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Asking Price: |
$550,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Durable Goods
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Reason for Selling:
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under capitalization |
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Year Established:
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2001 |
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# of Employees:
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owner(s) plus 1 Part Time |
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Yearly Revenues:
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$1,200,000 |
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Yearly Net Profit:
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$150,000 |
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Monthly Payroll:
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$1,800 |
Business for Sale Overview:
Import, sales and light service of a variety of bicycles, proprietary mountain, all-terrain, hybrid, racing, specialty, youth, etc. Gross sales of $1.2 MM with a net profit of $150,000 projected for 2008. Seller is willing to train buyer! Projections show within 3 years with the necessary capital to grow that the business would net $750,000! Although this business is currently operated from a 5,500 square feet office/warehouse, it is actually a web-based business which the current owner runs from his office at 80% of the time. There is no retail showroom.
Property Features and Assets:
There is a 5,500 square feet warehouse/office for $2,000 per month.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This may become a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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