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Business Listed by

Sunbelt Clearwater/St. Petersburg

Contact: William Smalley
Office Phone: 727-793-0090
Mobile Phone: 813-286-0731
Listing ID: CLEARFL001-N897

Award Winning Bike Shop, $350K Inventory Included

Financial Information

  • Asking Price: $675,000
  • Gross Revenue: $1,168,747
  • Cash Flow: $218,882
  • Down Payment: ON REQUEST
  • FF&E (Included): $35,000
  • Inventory: $350,000
  • Financing: Yes

Business Location

  • Hillsborough
  • Hillsborough County
  • Florida
Primary Business Category:

PRICE REDUCED! This long established award winning bike shop is absentee owned. The store is highly respected for their ability to match the bike to the customer for the most comfort and safety. They carry every type of bike imaginable and have the facility to service them all. Their knowledgeable and enthusiastic staff are cyclists themselves and are happy to share their experience. This is a must see business especially if you are a bicycling enthusiast. Sale price includes $350,000 of inventory. The down payment assumes Buyer credit worthiness for third party financing.


Competition Description


Growth / Expansion overview


Support / Training Comments

Seller will negotiate a transition period


Financing Comments

Third party financing available for a qualified buyer


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1989
  • Franchise: No
  • Year Acquired: 1989
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday-Saturday
  • Hours Open: Mon-Fri 7-5; Sat 9-4
  • Fulltime Employees: 12
  • Part time Employees: 4
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 12,000 sq ft
  • Monthly Rent: $8,500
  • Lease Expires: 11/08/2020

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