New Business For Sale: Bicycle Shop - Prime Santa Monica location
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The Biz Blog
March 17, 2017 by Eric Mellem
Eric Mellem just launched a new listing: Bicycle Shop - Prime Santa Monica location
Bicycle Shop - Prime Santa Monica location
Asking: $75,000 • Gross: $69,000 • Net: $GREAT OPPORTUNITY for a bicycle enthusiast to own and operate their own bike shop. Excellent Santa Monica location with heavy drive-by and foot traffic. Current owner is 70 years old and has on-going health issues preventing him from operating the shop effectively. NOTE: 2012 Sales were $171,000. His current receipts are primarily from repairs and he does not promote or stock many new bicycles. A new, energized owner could quickly increase revenue by stocking and selling new bikes. If the storefront was simply displaying new bikes it would certainly attract new customers with it's prime location. The inventory includes a few bikes, including a recumbent bikes, and a vast array of repair equipment and parts. The shop is referred out by other local bike stores for upper end and extensive repair work. Additional alley entrance and parking as well as great street parking.
Eric Mellem
Email: emellem@bizex.net
Office: (310) 882-2200 ext 146
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker-ma-advisor/eric-mellem
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