Highly Profitable Bicycle Shop for Sale in San Diego, CA
Asking Price: | $425,000 |
Gross Revenue: | $1,130,057 |
Rent: | $4,421/Month |
FF&E: | $61,806 |
Cash Flow: | $178,752 |
Inventory: | $282,000 |
EBITDA: | $188,352 |
Established Year: | 2012 |
A better bicycle shop model that works!
High performing bicycle retail shop in beautiful and sunny San Diego. It is professionally branded and recognized as a top industry performer. More than a bicycle shop, this is a professionally managed lifestyle business.
Company has well-trained professionals including sales, service, and operations. This business is well established and has an excellent position within a very strong and year-round market, with longstanding repeat customers. Company has excellent vendor lines with industry-leading negotiated gross margins, and extensive metrics.
Purchase includes all fixtures, specialized tools, computerized systems, SOPs, website, all intellectual property associated with the business as well as professionally prepared financials. Current lease is transferable to a qualified buyer and market competitive. Very strong employee team is professionally trained, with extensive industry experience. Seller will provide up to 180 hours over three months for onboarding, training, and coaching.
This business, for reasons of confidentiality, cannot be described in further detail until a buyer prospect registers and signs a non-disclosure agreement (NDA). Upon registration and the signing of the NDA, the seller will send a complete Offering Summary.
The seller is offering to finance a portion of the sale - which will require the personal guarantee of the buyer - and will also consider varying financial legal structures for the acquisition of the business.
Interested buyers should love bicycles and people!