Bicycle Shop: Sales, Parts, Accessories & Repairs
Hilton Head Island, Beaufort County, South Carolina
ASKING PRICE $159,500 plus inventories
FINANCIALS
Gross Income:
$397,400 Cash Flow: $56,500 Furniture, Fixtures & Equipment: $5,000 |
Inventory:
$40,000 Facilities: Leased space, 2,675 square foot Established: 1987 |
Employees:
2 full time |
BUSINESS DESCRIPTIONFull-service bicycle shop located in beautiful historic Beaufort South Carolina. This shop has serviced the Beaufort and surrounding communities for more than 36 years. The shop maintains an outstanding selection of bicycles, accessories, and apparel for all ages and bicycling skill levels. Bicycle consignment sales are welcomed. The shop maintains a significant spare parts inventory for repairs and service of all bike brands. Highly trained bicycle mechanics on staff. This is a fantastic opportunity for a biking enthusiast to own and operate a business that suits their passion. A new e-commerce website just added in 2024.
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DETAILED INFORMATION
Inventory:
The retail and parts inventories will be valued at cost plus 5% at the time of closing and will be in addition to the purchase price. Furniture, Fixtures & Equipment: Fully turnkey bicycle shop, with everything needed to continue and grow this business. |
Competition:
Limited competition in the Beaufort area, with only 1 additional shop in town. Facilities: Leased space, consisting of 2,675 sf of retail, shop & warehouse space. Monthly rental of $2,425. |
Support & Training:
The seller will provide transitional support and training for a negotiated time period. Reason for Selling: Retirement. |