Massachusetts - Boston LISTING #: 17474
This highly profitable bicycle shop retail business has a proven 30 year track record of consistent cash flows and continues to thrive in 2016 with the majority of revenues coming from repeat customers. Founded in 1986, this business sells premium brand name bicycles including Trek and Schwinn as well as bicycle accessories, bicycle repair services and more.
With approximately 70% of revenues coming from repeat customers and referrals, this company has established an extremely loyal customer following and their attractive business model creates a “subscription like” effect, which gives this business a highly valuable base of recurring revenues. This turnkey operation would be a perfect fit for anyone with general business
experience and their attractive business model allows for a seamless transition, even by
someone who is not familiar with the industry.
With a proven track record of consistent cash flows, 56% gross profit margins, 70% repeat customer rate and over $10K+ worth of FF&E included with the sale, this high quality acquisition opportunity represents an outstanding value and has been priced attractively, ensuring there is substantial upside for overall return on investment.
|1 FT 2 PT|
Office: LBB Massachusetts
Property Leased: Yes
Monthly Rent: $3,150
FF&E Included: $10,000
Real Estate Included: No
Building Size: 1800 sq ft
Hours of Operation: Monday - Sunday
Reason for Selling: Seller is retiring after 30 years