Profitable, Two Location, Legacy Bike Shops in Coastal Carolinas

North Carolina

Asking Price:	$995,000
Gross Revenue:	$1,611,249
FF&E:	$200,000
Established Year:	1973

Cash Flow:	$243,699
Inventory:	$300,000
Real Estate:	$2,275,000

Listing ID: 1935479Listing provided by BizBuySell

BUSINESS DESCRIPTION

Three extremely well run, market leading bike shops, 40 years in business in the Coastal Carolinas that offer a full range of new bike options and accessories, as well as a first rate Service & Repairs Dept. This is a Rare Opportunity to take over a Legacy business with long established dealer relationships and a first rate reputation in the community. For more detailed information, please contact Mike Thompson at 919-414-2540 or mthompson@fcbb.com.

DETAILED INFORMATION

Location

North Carolina

Inventory

Included in asking price

Real Estate

Owned

Building SF

12,450

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

This business has three (3) owned locations with a total of 12,450 square feet. Seller is active in the business with 9 FT employees. Hours of operation are 10am-9pm Monday-Wednesday, Thursday appt. only, Friday-Sat. $300,000 in Inventory and $200,000 in FF&E included in asking price. $250,000 made in Leasehold Improvements. Other assets include $25,000.

Support & Training

2 weeks

Reason for Selling

Retirement

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