Business Overview:
Well established cycling shop for sale. Business is an exclusive wholesaler for the entire U.S. of certain European- made cycling gear. Seller also has a physical retail shop and an online presence for nation-wide retail sales. Serious seller who has prepared his business for sale. He has all the necessary documents ready for due diligence, including tax returns, leases, financial statements and more. For a quick response to your inquiry, please contact listing agent Richard Chatwin (RE# S.0190283; Business Broker Permit# BUSB.0006700).
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Property Features and Assets:
This is a leased location of 5,400 square feet with a Total Rent of $2,801. Seller is active in the business. Hours of operation are 9 AM to 4 PM, Monday - Friday. $58,000 in Inventory and $5,000 in FF&E included in Asking Price. $1,000 made in Leasehold Improvements.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- 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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