| Asking Price |
$400,000 | Inventory |
$200,000** |
|---|---|---|---|
| Gross Income |
$750,000 | Real Estate |
|
| Cash Flow |
$75,000 | Year Established | 1896 |
| FF&E |
$35,000* | Employees | 4 |
* included in the asking price
** not included in the asking price
Located in beautiful Asheville, North Carolina, this business was founded in 1896 and is the longest continuous company in Asheville. It provides sales, service, parts for bicyles with a special niche in the buying and selling of preowned bicyles. It is located in a 5,000 foot facility in downtown Asheville. The current owner has doubled the sales in the last 6 years of his ownership. It is a perfect opportunity for someone or a couple who love the moutains, enjoy hellping people by providing products and services that add to the health of their clients through exercise, is green, and makes money.
Facilities: Enjoying all the benefits of beautiful Asheville, North Carolna, this business is the oldest continuous one in Ashevillle. It provides primarily sales and service for bicycles. An excellent location in the heart to downtown Asheville. The current owner has owned it for 6 years and has doubled the sales in that time. This is a fun service oriented green business and makes money!!
Competition: Other biike shops but they have a unique approach to the business
Growth/Expansion: Significant
Financing: Possible
Support/Training: 2 weeks
Reason Selling: Owner to pursue other interests

Tom Barr
828-230-4759
New South Business
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