Florida
Business For Sale

Sports Related Biz|Bicycles Sales/Service

Sunbelt Business Brokers
For More Information Contact
Frank T Cimakasky
SUNBELT BUSINESS BROKERS
(727) 793-0090

Sports Related Biz|Bicycles Sales/Service

  • Bicycles Sales/Serv
  • 85910221
  • South West Coast Florida

Purchase Information

  • $775,000
  • $775,000

Financial Information

  • $789,250
  • $274,783
  • $215,000Included
  • $50,000Included
  • Not Included

Other Business Information

  • 1973
  • 6000
  • $5,500
  • Y
  • N
  • N
  • 3 FT, 1 Mgrs
  • Mon-Sat 10-6

Business Description

This 47 year old full service high end bicycle shop has been number one in sales & service for their brand multiple times in its history and as recent as 2018. The current owner purchased an existing bike and moped shop (established 1973) in 1991 at 19 years of age and has run it with her husband since . The business is located in a 14 year old spec built freestanding 5000 square foot building built after Hurricane Charley (2004) specifically for a bike shop and in one of the areas key retail center. There are 3 full time employees, including a experienced general manager. Customer ratings are 5 Star and repeat customers are evidence of the reputation of the business. This is a profitable, established operation in a hot geographical location. The owner was out of the operation due to health complications for 2-1/2 years and sales suffered. Since her return in April of 2019, the business has seen significant growth in the range of 25% month over month.

Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.

Contact
SUNBELT BUSINESS BROKERS
Frank T Cimakasky

(727) 793-0090

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