| Asking Price |
$400,000 | Inventory |
$300,000** |
|---|---|---|---|
| Gross Income |
$700,000 | Real Estate |
|
| Cash Flow |
$150,000 | Year Established | 14 |
| FF&E |
$77,000* | Employees | 9 |
* included in the asking price
** not included in the asking price
Are you looking to peddle into a better business opportunity? As beautiful as the season's cycles lays a state-of-the-art professional bicycle shop beckoning your call. Nestled in the heart of a large upscale town in a small shopping enclave and surrounded by busy pedestrian and vehicular traffic, this cycling shopping oasis offers an impressive selection of high quality bikes, clothing, accessories and repairs. The 5,000 square foot establishment is well known and respected for two decades and has an established base and cash flow. The asking price is an excellent investment relative to the risk and time it would take to establish a store from scratch. With an on-site owner with a passion for cycling who yearns for a superior working environment, this business opportunity can be an ideal beginning to a consistent sales volume or more due to the location, space, and immediate market.
Facilities: The facility is 6,000 sq.ft. of prime retail space in the center of an upscale community with ample public parking. The monthly rent is $5900.00 with a lease expiring in 2011.
Competition: The business is the only significant supplier of high-end bicycles in the area. The closest competitor is a fraction of it's size with limited inventory.
Growth/Expansion: The company, in addition to it's retail outlet, sells via an internet site and has customers across the U.S. and internationally. This business could be significantly incresed.
Financing: The seller is willing to finance a significant amount at market rates.
Support/Training: The seller is anxious for the buyer to succeed and will train for a minimum of four weeks, more if required.
Reason Selling: The seller wishes to retire to Florida.

Michael Cantelmi
516-428-3392
The PMC Group
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AD # 233547
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