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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Custom Bike Brand Retail & Repair

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $250000
Net Profit / Cash Flow  $66000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  1 - 3
Inventory  310000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks, 40 hours per week from owners, there is a manager who runs it all.
Reason for Sale  3 owners, all have full time jobs. Needs motivated owner-operator.
Description  Please contact Rick Carlson of Ace Business Brokers at 800-985-4939x387 for further details. Here is an excellent opportunity for an existing bike shop or established bike brand to acquire the trade name, intellectual property, and the distribution network for a well respected bike enterprise. Orders come in from around the world because of the exceptional quality and craftsmanship employed with these custom bikes. This company has approximately 30 current dealers that help market the bikes in their shops, in addition to the on-site sales that occur and website orders. 75% of the revenues come from sales, 25% from service. Leasehold is flexible month-to-month situation, so this is portable to existing shops that do not necessarily want a second satellite location. Confidential sale, NDA is required for due diligence package, meetings to be before the shop opens as the employees and manager do not know the business is on the market. Facilities: 1,700 square foot showroom + repair studio combination space. Located in bustling area of Los Angeles. Competition: Not many bike shops that have their own brands known world-wide. Growth/Expansion: Has only penetrated 0.5% of market for bike dealerships. That alone speaks volumes of upside. Financing: If the price and deal structure is right. Support/Training: 2 weeks, 40 hours per week from owners, there is a manager who essentially runs the entire operation that will facilitate with the transition of the business. Reason Selling: 3 owners, all have full time jobs. Needs motivated owner-operator.
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