90-Year Established Bike Shop
| Cash Flow: | $349,225 |
| Inventory: | $499,218 |
| Real Estate: | $850,000 |
| Gross Revenue: | $1,357,109 |
| FF&E: | $87,727 |
Based in Michigan, the Company offers a diverse selection of bicycles and tricycles, featuring high-quality products from leading brands. Alongside its product offerings, the Company provides comprehensive repair and maintenance services, including specialized electric bike repairs, custom fittings, and a broad array of bicycle accessories.
With nearly a century of experience, the Company has built a strong reputation for quality, maintaining a significant presence across both brick-and-mortar and online sales channels. It has a proven track record of success in niche markets and has established a well-recognized brand with a diverse customer base.
The current owner is looking to retire to spend more time with family but is willing to assist with the transition to new ownership. The Company operates from its own facility and leases the adjacent building from an unrelated third party to expand its showroom space and storage capacity. The current owner plans on selling the Company-owned facility.
Buyers will be required to have a minimum of $200,000 in liquid funds to be considered for this opportunity.
