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Generational Bike Shop in Phoenix Offered First Time for Sale

Phoenix, AZ
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Asking Price:$79,000
Gross Revenue:$119,000
FF&E:$10,000
Cash Flow:$45,000
Inventory:$75,000
Established Year:1979
Listing ID: 2279011Listing provided by BizBuySell
BUSINESS DESCRIPTION

MAJOR PRICE REDUCTION - Owner Wants SOLD.
OFFERING Stand Alone Real Estate for sale if Buyer is interested.
First time ever in the generational ownership, this Phoenix bike shop is offered for sale. New, Used, Parts, Service for all makes and models keeps the residents of our City moving. If you have a passion for all things bicycle, than take a closer look at this offering.

BUYER MUST relocate the bike shop business as the landlord is selling the building separate from the shop. If business buyer wants to own the real estate, we can help facilitate the sale.

DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Stand-alone real estate with room for new, used and repairs has been the home for this bike shop the past 30+ years. Unless the buyer will pay market price for the real estate, the Seller is asking the new bike owner to relocate the business. Seller is offering this single tenant commercial real estate for $570,000
Competition
This bicycle shop has moderate competition for initial bike sales, but big box stores can never compete with the service and supply this business offers.
Growth & Expansion
This business has been run as a basic bike shop and could offer riding events or other marketing tactics to draw in new customers spending.
Support & Training
The first couple of weeks is gratis training, longer on consulting contract as agreed between buyer and seller.
Reason for Selling
retirement
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Michael
Gaida
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Michael Gaida
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