Specialized bike shop-Excellent Location

Listing Number: 10152021-494202

Description

A well established and very profitable bike shop since many years. Unbeatable location in downtown Montreal. Next to the busiest bicycle path in town. The shop has an outstanding staff dedicated to providing excellent customer service. This staff is interested to continue their work with a new owner. One of them could possibly become a manager if wanted. The actual owner can be absent if needed without any headaches.
The sale could be done with or without the inventory ( buyer's choise and seller financing if required).

In addition to excellent selection of bikes and accessories, targeting their city clientele, the shop also offers exceptional customer service. The shop is highly involve in competitive biking witch procures an incredible visibility and extra revenues.

The new owner is not oblige to buy the total inventory. He or she can chose the equipment’s that’s fit their need.
The possibility of increase the online business is evident since at the moment those sales only represent 20% of revenues. Also adding more electric bikes would help increase sales in this growing demand.
The actual owner is willing to work in the store for some period of times in order to succeed a soft transition. He is always as passionate about the bike shop but desire to pursuit his other business activities.

- Business price without inventory: $374,000

- Inventory can be purchased at cost at $250,000 (buyer’s choice)
-possible partial seller’s financing

Total price of Business plus Inventory= $644,000 (according to inventory)
Listing Details
• Price: $ 374,000
• Down Payment: --
• Sellers Discretionary Earnings: $ 151,000
• Total Sales: $ 896,485
• Location: Montreal, Quebec


• Inventory: $ 250,000

Listing Details

• Price: $ 374,000
• Down Payment: --
• Sellers Discretionary Earnings: $ 151,000
• Total Sales: $ 896,485
• Location: Montreal, Quebec


• Inventory: $ 240,000
• FF&E: $ 25,000
• Employees: 5
• Year Established: 2010
• Reason for Selling: Concentrating on other businesses
• Category: Sports Related Biz