Bike Shop in Laurentides Well established

Listing Number: 10152021-936790

Description

This boutique specializes in bicycle sales and repairs. It also offers maintenance services for skis, snowboards and skate sharpening during the winter season, making it profitable 12 months a year. Combined with these services, the store offers a wide range of accessories and parts for both bikes and winter sports.

The store is very well located and has been a fixture on the street for over 30 years. What's more, its layout makes it a pleasant place to work.

As its figures show, the Boutique offers stable profitability and growing sales.

The current owners are willing to ensure a smooth transition, and can remain active for up to a year if required. In this way, the owner can pass on his technical knowledge to the future buyer or existing mechanic.

Its impeccable accounting reflects its sound management. This administrative system can be easily transferred and taught by the owner.

The store owns the sales rights for its territory to a well-known brand of electric bicycle. This banner attracts a local clientele and demand is growing rapidly. The Boutique even benefits from the online sales of this enviable brand.

The price is more than reasonable: at only 2 times the discretionary income (SDE) including the $90,000 inventory, the buyer will recoup his investment in less than 2 years.

Listing Details

• Price: $370,000
• Down Payment: $50,000
• Sellers Discretionary Earnings: $140,000
• Total Sales: $301,615
• Location: Laurentides, Québec


• Inventory: $90,000
• FF&E: $30,000
• Employees: 3
• Year Established: 1994
• Reason for Selling: Nouveau projet
• Category: Sports Related Biz