Renegade Classics Biker Outlet

Manassas, VA (Prince William County)

Seller Financing Available
Cycle Apparel
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Asking Price: $249,000

Cash Flow: $81,000

Gross Revenue: $377,000

EBITDA: N/A

FF&E: $80,000

Inventory: $130,000

Rent: $5,092.50 /Month

Established: 2015

Renegade Classics Biker Outlet

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Business Description

Profitable business in its 5th year. Five years of sales and customer count increases.
Business has a "registered" licensing agreement, which provides the benefits of a franchise without the royalties! New computerized embroidery machine added and generating thousands in additional sales. Large inventory includes everything "motorcycle", including clothes, helmets, boots, etc. Business is experiencing double digit increases in sales year over year.

Detailed Information

Location:
Manassas, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,716
Lease Expiration:
1/31/2021
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Open operating fully built out location. Everything transfers. Parking is open surface free. Other tenants include busy brew pub/catering venue, hookah bar/coffee shop, church. Close to dining and other retail. Route 28 boasts traffic counts in excess of 100,000 cars per day.
Competition:
No competition on pricing. There are other franchise dealerships in the area with much higher prices. Opportunity to expand with additional stores as well as this location.
Growth & Expansion:
Unlimited growth potential.
Financing:
Will consider.
Support & Training:
Sellers will provide transfer training for free. Corporate provides additional training opportunities in addition to a nationwide network of other store owners to draw experience and opinions from. Corporate also sponsors a bi-annual conference in conjunction with a major tradeshow.
Reason for Selling:
Retiring.
Business Website:
http://www.renegadenova.com
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Michael Wilmore

Business Listed By:
Michael Wilmore

Capital Area Business Brokerage

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