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

Name: 39 Year Old Bicycle Shop in Wealthy Community with 1.6m of Stock
Brand: Transworld Business Advisors
Price: 3500000 USD
Availability: InStock

Listing Number: 83341-500358

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Listing Details

Price: $3,500,000

Location: Fairfield County, Connecticut

Down Payment: $3,500,000
Sales: $2,492,317
Seller's Discretionary Earnings: $474,397
Inventory: $1,500,000
Furniture, Fixtures, and Equipment: $0
Employees:
Year Established:
Reason for Selling: Retirement

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Business Listed By

Christopher Viskup

(917) 791-4868 [email protected]

View My Listings

Business 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!