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Businesses For Sale   >>   Cincinnati Businesses For Sale   

Bicycle Shop For Sale

Location  Cincinnati, Ohio, United States
Asking Price Range  < $250K
Gross Revenues  $575000
Net Profit / Cash Flow  $70000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1900
Number of Employees  10 - 19
Inventory  30000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Yes
Reason for Sale  Retirement

Description  
A nationally recognized, well established southwest Ohio BICYCLE SHOP with a rich history is for sale. The shop is a full service business representing top quality bicycle lines, well established service center, a comprehensive selection of accessories and a fully stocked parts department. With annual sales of $600,000 and cash flow of $70,000 the upside growth potential of this turn key operation is significant. The owner is retiring and is able to provide a smooth transition and training. The business has a quality staff and is operated on a semi absentee basis by the seller. The sports and leisure industry, especially bicycle riding is in the early stages of a growth pattern and expected to continue in the long term with healthy life styles, exercise and fuel costs driving the growth. This business is offered at $199,000 plus inventory of $195,000 to be adjusted to actual at time of closing. Please contact Greg Hedgebeth, VR Business Brokers,


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