Bicycle Sales, Repair & Fitness Shop, with $100...

Central New Jersey, NJ


Asking Price: Annual Revenue:
$450,000 $458,808

Retail: Sporting Goods, Recreation


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RE: Bicycle Sales, Repair & Fitness Shop, with $100... Broker: Charles Mizejewski
Owner Financing is Available!

Quick Facts

Asking Price: $450,000
Annual Revenue: $458,808
Net Profit: Not Disclosed
Cash Flow: $189,480
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1973
Employees: 2
BBN Listing #: 730838737
Broker Reference #: LINDENJ001-N772

Email or Print Listing

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Business Overview:

This family-friendly bicycle shop provides the best quality major brands of environmentally friendly, gas-free, and physically beneficial bicycles at a fair price. The business has been operating successfully for 22 years by the current owners. In addition to bicycle and parts sales they also do bike repairs and provide fitness advice to customers. The shop is located on a highway in an excellent upscale town and there is ample parking on the shop property. The seller’s will lease the property or If the buyer is interested the seller’s may consider selling the property to the buyers as well. This business has done well during the pandemic. The business is for sale because the owners are retiring after the sale. The owners will provide a smooth transition after the sale to help the buyers learn the business. Because of the excellent location, there is significant upside for a buyer who can devote more time to the business. Sale price includes the inventory valued at $100,000.

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Reason for Selling:

Retirement

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.

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