Specialty & Custom Bicycle Shop-27127

Suffolk County, NY

Specialty & Custom Bicycle Shop-27127

Asking Price:$525,000

Cash Flow:$200,000

Gross Revenue:$1,500,000

EBITDA:N/A

FF&E:$35,000

Inventory:$250,000*

Established:N/A

*not included in asking price.

Specialty & Custom Bicycle Shop-27127

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Business Description

One of Long Island's Premier Bicycle businesses is searching for a new owner. From Schubin, Germany [now Szubin, Poland], to Berlin, to Brooklyn, and finally to Long Island, this store has been in existence since 1913. The current owner has it for the last 35 years. They specialize in Cannondale, Trek, Felt, BMX, and GT bikes, just to name a few. Whether you're buying your child's first bike or you are a professional racer, this is where you want to buy! In addition, custom bikes are a substantial part of the business. Bike accessories, shoes, and clothing are also offered. There are highly trained and experienced assembly and repair mechanics who also do Factory Authorized work on almost every brand. The head technician wants to stay with the business. The store occupies it's own 3000 sq ft building [which can be purchased separately if desired] in a very prominent location in Suffolk County. Known to bikers far and wide, this IS one of Long Island's leading bike stores. Owner will stay for 6 months or more, terms to be negotiated.

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Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable
Support & Training:
Seller willing to train new owner.
Reason for Selling:
Seller is looking to retire.
Business Website:
http://www.vestedbb.com

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

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