55-Year-Old Bike Shop: Selling at Cost of Inventory and FF&E
| Asking Price: | $265,000 |
| Gross Revenue: | $1,087,540 |
| EBITDA: | $70,361 |
| Real Estate: | $550,000 |
| Cash Flow: | $70,361 |
| Inventory: | $250,000 |
| FF&E: | $15,000 |
| Established Year: | 1969 |
Selling at cost of inventory ($250,000) and FF&E ($15,000).
This well-established bike shop, operating for 55 years, presents an exceptional opportunity for prospective buyers. Ideally situated in downtown Nevada City, customers benefit from quick access to some of the nation’s premier mountain biking trails. Seller owns real estate and is open to lease with an option to purchase RE.
The new owner will step into a fully staffed operation, featuring four brands with a focus on mountain bike sales and rentals.
Adding to the opportunity is a newly opened second location (July 2024) that offers rentals and light repairs. Strategically positioned between the popular mountain biking trails, this location is poised to enhance revenue through promoting bike rentals.
Cost of lease is not reflected in EBITDA as the seller owns the building. Estimated lease for the buyer would be $4,000 monthly.
