***IN ESCROW*** Profitable Established SFV Bicycle Shop
Los Angeles County, CA
***IN ESCROW*** Well established and highly profitable bicycle retail and repair shop is enjoying the industry-wide BOOM in 2020 sales. Located in prime SFV, this shop is a leading local brand with an authentic community of followers and happy customers. Owner works part time and mostly offsite, as the shop is largely employee-operated. Qualified bicycle mechanics handle their robust service business in addition to friendly and knowledgeable employees selling the best-known bicycle brands. The business offers a full range of bikes to suit every customer type, from families buying bikes for the kids, to road racers or off-road adventurers looking for top gear, to casual riders enticed by stylish and practical e-bikes. Accessories, apparel, and more are sold in store and online. Great location on a major boulevard this easy to operate and fun business is fully equipped and turn-key for the new owner. This business is priced to sell quickly even though 2020 YTD already exceeds total income for full previous years. Financials referenced in ad are Trailing 12 months from August 2019 to July 2020. Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Shannon Brown at shannon@mabusinessadvisors.com or 818-497-6866 to receive a confidentiality agreement and learn more about this opportunity.
$450,000