Bicycle Shop With A Niche Product

Cincinnati, OH (Hamilton County)

Bicycle Shop With A Niche Product

Asking Price:$185,000

Cash Flow:$111,778

Gross Revenue:$648,696

EBITDA:N/A

FF&E:$10,000

Inventory:$90,000

Rate/Sq. Ft.:N/A

Established:2007

Bicycle Shop With A Niche Product

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Business Description

This bicycle shop has a long history of successful ownership and excellent sales. The business offers a niche product with limited competition.

Investment Highlights:

• The business has a great location and a good lease

• The owner is retiring, providing a great little business for a new owner

• Limited advertising has affected 2016 results along with other factors

• The business just needs new energy from a buyer to return to prior sales levels

• A simple and fun business to own and operate

• Well established location in Greater Cincinnati with a high traffic count

6 mos Y-T-D 2016 financials: Sales $266,526 / ACF $34,892

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
5,500
Lease Expiration:
N/A
Employees:
4 FT / 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,500 square feet of leased space; no CAM.
Competition:
Limited.
Growth & Expansion:
Marketing
Support & Training:
Transitional assistance is offered.
Reason for Selling:
Health issues and retirement.
Business Website:
http://N/A

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Business Listed By:
Keate Partners Ltd

Keate Partners, Ltd.

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