Listing #:1628

Location: Eastern Massachusetts

This successful, lifestyle business features a custom three-story retail and service building designed specifically for the purpose of selling and servicing Bikes, kayaks and related equipment. The business has a strong reputation in the local community as well as the serious sport enthusiast community and sponsors several events each year. Custom bicycle fitting is available. They service what they sell with a full-service department. The clientele includes the recreational bicyclist and kayaker to the high-end enthusiast! The resort area location brings in locals as well as a swell of new and returning customers each summer. The business also rents high end bikes and a variety of kayaks which often generates additional purchases. Major name brands are offered. Located on a high traffic road. Come be part of the good health wave with one of the best in the area!! Exceptional growth year over year!

Financial Information:

Yearly Gross: $2,689,953 (2021)

Cash Flow / SDE: $ 230,556 (2021)

Assets / FFE: $83,000 (Included)

Real Estate: $ 1,150,000

Financing: Pending SBA Pre-Screen

Asking: $650,000

General Information:
Year Established: 1993
Facilities: Custom built retail building with 5.000 sq with plenty of parking
Type of location: Retail high traffic Road Growth and Expansion:
Support/Training: Owner will assist for a smooth transition
Reason Selling: Relocation

Employees: Summer 12 full time and 8 part time. Winter 6 full time and 1 part time
Franchise: NO Home-based: NO Re-locatable: NO
County: (Confidential)

For more information, please contact:
Company: ROI Corporation a BBANE Affiliate
Broker: Denis Mezheritskiy
Phone: 781-682-6209 ext. 264
Email: prospect@roibusinessbrokers.com