Active
Established bike shop for 20 years
The store was initially opened in 2004 and has seen continued growth since. There is a full time employee with over 10 years of experience on staff. Everything needed to run a successful business is included. Comes with a professionally designed website, POS, all fixtures and signage. Truly turn key.
We are a small store located in central Florida. This is a rapidly growing market with the majority of our customers being retired. We sell high quality items and provide exceptional service. We cater to the needs of all cyclists both for sales and service.
Listed By: Senthil Kumar
Background information
Reference:
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Year established:
2004
Reason selling:
We have family in Wisconsin and would like to move to be closer to them.
Finance
Sales:
$650,000
EBITDA:
$150,000
Operations
Employees:
3
Equipment:
Included in asking price $40,000
Inventory:
Included in asking price
Premises
Facility:
Everything is included in the sale of this business. The owner is moving out of state. Included: -Phone number -website -all inventory -all fixtures and computers -all customer history dating back to 2006
Rent and lease terms:
$3,800 per Month
Location:
Sebring, FL
Opportunities
Growth:
The biggest growth opportunity right for the next 5 years is in electric bikes. Within the next 2 years e-bikes will make up 50% of our sales. At the current time we are at 35% and growing. The profit represented by this growth is enormous. Furthermore, central Florida is undergoing massive growth. There are neighborhoods being built everywhere as people look to move away from the coast for more affordable housing options.
Price and terms
Price:
$480,000
Financing:
no owner financing
Training:
Training and support can be discussed on an as needed basis. Being a Trek brand store is a big help. Trek spends a lot of time helping train its retailers to run a great business.