Businesses For Sale > Business For Sale in Palm Beach County, Florida (FL)
Well Established Bike Sales and Service Shop For Sale for sale in Palm Beach County, FL
Palm Beach County, Florida (FL)
Asking Price: |
Gross: |
Cash Flow: |
$ 600,000 |
$ 1,281,251 |
$ 59,353 |
Furniture and Fixtures Value:
$ 67,612 (included in the asking price)
Inventory Value:
$ 350,000 (not included in the asking price)
Real Estate:
(not included in the asking price)
Business Summary:
Busy Bicycle Shop in South East Florida. Great Location, is very established and is well equipped. Sales Revenue over the past decade has been between $1.1m to $1.6m each year. Even during covid. Selling significant brands of bikes, e-bikes, gear, and accessories. Service department for repairs, maintenance, and assembly. Loyal and repeat clientele. The store’s selection appeals to the serious enthusiast and to the casual peddler—experienced and knowledgeable staff. Excellent vendor relations. The sale includes $350k of sellable inventory, 67k of equipment. This is a turnkey operation and the seller will stay and train a new owner—seller offering $50,000 financing at 6% for 3 years. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Simon Polzer at 561-459-5190. Please refer to listing #6401259836.
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Year
Business was Established: 19997 |
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Number of Employees:
7 |
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Facilities / Terms of Lease:
Lease/Month: $ 19,978 Square Footage: 10,000 Building Type: Retail Strip Terms & Options: Expiration Date:09/30/2025 |
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Competition:
Non Compete : Miles: 200 Years: 5 |
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Owner
willing to finance:
Loan/Seller - Amt: $50,000 Mos: 36 Rate: 6% Mo Pmt: $1,521.10 |
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Owner
willing to train:
Weeks Training: 4 Cost: $0 |
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Reason for selling:
Retirement |
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Seller Reference Number: 6401259836
BusinessMart.com Listing Number: 298728 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Andrew Cagnetta
Transworld Business Advisors Florida
954-772-1122
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