Pedal Bar Bike and Michigan Territory For Sale

Mount Clemens, MI
Macomb County

Territory is Macomb and St Clair Counties


Asking Price: Annual Revenue:
$49,000 Not Disclosed

Recreation: Entertainment


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RE: Pedal Bar Bike and Michigan Territory For Sale Broker: Seller of Business

Quick Facts

Asking Price: $49,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 687458030
Broker Reference #: Not Disclosed

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Business Overview:

Pedal Bar Business for sale - it is legal in State of Michigan for pedalers to drink beer and wine on the bike. It is a BYOB set up, no liquor license required. Popular for birthday parties, family get togethers, bachelorette/bachelor parties of 15 people. Tours are $350 for two hours.

Included: 1 bike (non-motorized) purchased in December of 2015; in operation 4 seasons, manufactured in the Netherlands (spare tires and replacement parts included).

Located in southern Michigan – Detroit Metro Area in Macomb and St. Clair Counties. Operated in three areas; Mt. Clemens, Harsons Island and Marine City,

Contact information will be provided to all City Officials, along with fees/requirements.

Asking price is $60,000, our current Licensee Agreement with Pedal Pub is transferable to new owners for $1,000 annually. Franchise agreement not required.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

The Licensee Agreement prohibits other Pedal Pubs from operating in this territory. Additional bikes can be purchased through Pedal Pub to expand the business

Additional Details:

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

Documents:

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