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Specialized Bike Shop Premium Location In Montreal For Sale

Greater Montreal, Quebec, Canada
Asking Price:
$400,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$896,485 (CAD)
Cash Flow:
$151,000 (CAD)

Specialized bike shop with unbeatable location in downtown Montreal. The shop has an outstanding staff dedicated to providing excellent customer service. Their reputation in the industry speaks for itself, and they take pride in helping you find the perfect bike for their customer needs.

In addition to excellent selection of bikes and accessories, the shop also offers exceptional customer service. Knowledgeable staff helps clients find the perfect bike for their needs.

At this specialized bike shop, Cycling is more than just a sport or a hobby – it's a lifestyle. The profitable business is a testament to commitment to quality and customer service.

Opportunities to:
- Increase online sales which currently accounts to 20% of total sales
- Adding electric bikes to the inventory.

- Business price without inventory: $400,000

- Inventory can be purchased at cost at $240,000

Total price of Business plus Inventory= $640,000

Property Information

Real Estate:

Lease

Leasehold Rent:

$30,000 (CAD) per annum

Location:

Prime Location Retail

Size in square feet:
1,250

Business Operation

Reasons for selling:

Concentrating on other businesses

Trading hours:

10-7 Mon-Fri ; 10-5 Sat; 12-5 Sun

Employees:
5
Years established:
13

Other Information

Support & training:

To be extended to the new buyer

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing is available for qualified buyers

Furniture / Fixtures value:
$25,000 (CAD) - included in the asking price
Inventory / Stock value:
$240,000 (CAD)
Relocatable:
This business can be relocated.