Profitable, Full-Service Bike Shop

Forsyth County, GA

Profitable, Full-Service Bike Shop
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Asking Price: $499,000

Cash Flow: $71,096

Gross Revenue: $959,342

EBITDA: $48,549

FF&E: $50,000

Inventory: $340,000

Rent: $4,500 /Month

Established: 1998

Profitable, Full-Service Bike Shop

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Business Description

This listing is for a full-service bike shop located in the north Atlanta suburbs that is available to a qualified buyer. This is a well-established business that offers a buyer a consistently strong yearly income. This business carries a large selection of top-of-the-line bikes for experienced, amateur and child riders alike. From mountain bikes to BMX style, this business carries something for every level and style of rider. Their shop performs a wide variety of services for the customers like tune-ups, assembly, complete overhauls, wheel build, suspension, re-threads and much more. Any service you need for your bicycle; this business can perform. Of course, they also carry all the clothing and protective wear one would need as well as wide variety of accessories for riders of all skill levels. This profitable business also features over $300,000 in assets to be transferred with the business sale. They have a large base of customers and stellar reputation in their marketplace. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or by email.

Detailed Information

Location:
Forsyth County, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
12/31/2022
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,000 sq ft. facility. Leased by the owner. Expiring in 2022. $4,500/Month
Growth & Expansion:
Expand online presence
Support & Training:
Owner will train the buyer for 4 weeks at no cost.
Reason for Selling:
Personal Reasons
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(from currently available funds)
 
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Tommy Farmer

Business Listed By:
Tommy Farmer

The Marvin Group LLC

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