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Business For Sale

Retail: Great Bicycle Shop

San Fernando Valley, CA, USA

Recreation: Sports, Exercise, Gyms

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$295,000
$479,038
Not Disclosed
$85,547
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1985
3
99027868

Business for Sale Overview:

Revenue From Bicycle Sales Has Remained Stable In This Slow Economy! Bike Shop Is Turnkey With Loyal, Long-Term Employees! Store Has Been Operating For 46 Years! Only Store In The Area Carrying Certain Models Of Giant, Specialized, Raleigh, Electra And Others Exclusive Parts/Accessories. The Store Also Brings In Considerable Revenues From Service & Repairs. Low Rent On 4,400+ Sq. Ft. Present Owners Are A Mature Couple Approaching Senior Years And Are Ready To Retire. They Will Provide Training On All Aspects Of The Business And Are Willing To Stay Around As An Ongoing Support/Resource. Make A Great Living While Working In A Fun Industry!

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Great retail space shows inventory very well. Extra large storage area in back of store. Nice display cases. Support/Training: Seller will provide ample training.

Market Competition and Expansion:

Competition: Other bike retailers have closed while this one remains operational and profitable. Growth/Expansion: Lots of room for growth with advertising and promotions. They have not done ANY advertising for many many years.

Reason for Selling:

Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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