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Business for Sale Summary [Non-Confidential]

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Richmond city, VA

Business Type: retailing businesses,sporting goods/ exercise/ gyms

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $400,000.00

  • Gross Revenues

    $703,632.00

  • Financing

    $ 200,000.00 Down and Negotiable

  • Owner's Cash Flow

    $50,985.00

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Business Description

Nationally recognized franchise involved in the retail and servicing of bicycles, fitness equipment, and related accessories. 50 year old company is one of the largest independent retailers of bicycles in the United States and their flagship store is ranked No. 1 in bicycle service in the country. All franchises are profitable. Store is perfectly located for the model demographics of the business with complete approved display plan and build out in place. Veteran employees are in place and the store is presently profitable and fully stocked. A true turnkey opportunity at a discounted price. 2/8/11 spoke to Charles, ready with figures, just been very busy w/ the shop, unexpected. But wants to relist as his figures much better, needs to sell b/c he has 12 other stores, time factor. will fill out update form I sent him and email me when ready, very soon. AWiley

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