39 Year Old Bicycle Shop in Wealthy Community with 1.6m of Stock

Listing Number: 83341-500358

Description

-39 Year Old Bicycle Shop in Wealthy Community
-Currently undergoing growth due to e-bikes
-Selling to retire
-Seller will stay on in transition and train a buyer
-Seller financing and lender financing available
-Great Books
-Comes with about 1.6m of sellable inventory!
-Sale Expectations are 2.7m+

THIS IS NOT SBA FINANCEABLE
Cash Buyers or Buyers Who Can Take out a Portfolio Loan, Heloc, and/or Loan From their 401k (through ROBS act) ONLY!

Listing Details

• Price: $3,500,000
• Down Payment: $3,500,000
• Sellers Discretionary Earnings: $474,397
• Total Sales: $2,492,317
• Location: Fairfield County, Connecticut


• Inventory: $1,500,000
• FF&E: $0
• Employees:
• Reason for Selling: Retirement
• Category: Sports Related Biz