Thriving, Profitable Used/ New Bicycle Shop

Berkeley, CA (Alameda County)

Wide Sidewalk on Major Thoroughfare
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Asking Price: Get Financing: $140,000

Cash Flow: $115,000

Gross Revenue: $310,000

EBITDA: $115,000

FF&E: $20,000

Inventory: $50,000

Lease Rate: $3 /SF/Month

Established: 2013

Thriving, Profitable Used/ New Bicycle Shop

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Business Description

Excellent Reviews, Great Location near UC Berkeley Campus

Great opportunity to buy a turn key business that's Busier and more profitable every year. Great online reviews.
we sell an average of 60 bikes a month and some months 130.
close to 3000 bike sales in 4.5 years plus rentals and repairs
we are a BIANCHI-OPUS-KHS and BROOKLYN CRUISER DEALERSHIP

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
8/31/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1100 SF Retail area plus 1000 SF plus warehouse. Extra wide sidewalk on major thoroughfare 200 used & new bikes plus parts & Accessories. 2.5 years remaining on the lease.
Competition:
We are located 1 mile from UC Berkeley Campus and a destination for new & visiting students and professors.
Growth & Expansion:
21 eBikes are also available for $1200 apiece. These are a hot new item, great for rentals and touring as well as selling direct to customer.
Financing:
CASH ONLY
Support & Training:
Full Support to ease Transition. Experienced, Qualified mechanic willing to stay on with new owner.
Reason for Selling:
other stuff to do
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Business Location


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Business Listed By:
Emily Thurston

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