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Well Established Bike Retail And Service Business In Greater Toronto Area For Sale

GTA, Ontario, Canada
Asking Price:
$1,440,000 (CAD)
Sales Revenue:
$2,400,000 (CAD)
Cash Flow:
$338,000 (CAD)

A well established bike business containing multiple bike stores, complete with e-commerce setup.

1- Highly reputable brand name within biking community.
2- Over 10,000 accounts and e-mails.
3- Revenues from bike, apparel, service and parts sales.
4- Complete offering to customers.
5- Fully trained and motivated staff, owner is able to operate with minimal supervision.
6- Current owner will train for a smooth transition.
7- Asking price includes $600,000 inventory and working capital.
8- Seller financing may be available for qualified buyer.

Business is ideal for:

1- A hands on operator or family that desires an established and successful business.
2- Business owners within the bike businesses, sports or gym owners who desires to add $2.4 million in sales revenue. Consolidate within the existing operations, reduce marginal costs through economies of scale and garner higher market share.

CIM will be provided to qualified buyers with executed NDA.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Sale of non-core business

Contact Transworld Business Advisors of Ontario

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