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Business for Sale Summary [Non-Confidential]

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ID:20967

Bike Shop

Suffolk County, NY

Business Type: special situations,best deals!,new to market,retailing businesses,general merchandise store,sporting goods/ exercise/ gyms,services businesses,repair services

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $350,000.00

  • Gross Revenues

    $319,812.50

  • Financing

    $ 200,000.00 Down and $150,000 , interest rate tbd at time of sale.

  • Owner's Cash Flow

    $106,616.50

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Business Description

Busy neighborhood bike shop in center of town, selling GIANT, HARO, KINK, FIT, CULT, EASTERN, PREMIUM and SUN brands. Bike shop offers a bike for every lifestyle. Sells everything for the person looking to repair their own bikes, but also offers repair service as well. Low rent and utility bills with a brand new lease for 5 years with the option to renew for 5. New floors, a/c, water heater 3 year old burner. Also included video surveillience with remote access. Loft in back room for extra storage. Excellent opportunity! Call Patricia 631-942-0506.

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