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Bicycle Shop - Very High End

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $185000
Net Profit / Cash Flow  $80000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1993
Number of Employees  1 - 3
Inventory  8000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Sell will train
Reason for Sale  Seller perusing other business
Description  BICYCLE STORE IN SAN DIEGO FOR SALE DETAILS Very high-end bicycle business available in san diego - new and pre-owned sales as well as lots of services work. This business opportunity is both fun and profitable. Seller will train buyer. Seller works about 30 hours per week. Seller will offer the buyer an apprentice program if needed. This is not a 'beach cruiser shop. This owner sells 'high end' racing bikes to the wealthy and experienced ricers and 'want-to-be-racers.' and makes a very nice living at it. After almost 20 fun years in this business the owner says time to pursue my second business love. Therefore, I am offering my 1st love for sale - this very high-end and very profitable bicycle business for sale. With this sale i also want to offer an apprenticeship for the buyer. I want to do my part to help the next owner to be as successful as i have been. In general, the cycling industry is experiencing double digit growth during these otherwise tough market conditions - while other industries are faltering, this industry is flourishing. This market is almost outstripping the capacity of inventory and shops to sell and maintain these specialty cycles. How does this compare to other businesses you've seen out there? Located in one of the most trafficked bicycling areas of san diego, this shop has been and remains one of the most sought after facilities. It has become the place to purchase bicycles in the 7,500 to 20,000 range! There is a lot of profit in these sales. Plenty of room for: 1. Display, 2. Operations and storage 3. Owners private offices Incredible opportunity for the discriminating buyer! Who is just right for this opportunity: 1. A current bicycle shop owner looking for instant and easy expansion and lots more money in an exceptional location 2. A current employee of a bicycle shop wanting to live the american dream of owning their own business 3. Retired person looking for a great opportunity to supplement their retirement in
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