San Diego
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Listing Number: 106-21590
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Category: Internet/E-Commerce, Retail, Service - Personal B2C
| Asking Price | $550,000 |
| Down Payment | $300,000 |
| Gross Revenue | $4,436,550 |
| Total Adjusted Net Income | $255,391 |
| Equipment / Fixtures | $28,000 |
| Year Established | |
| General Location | San Diego |
Spencer Sigoda
- Office: (858) 578-4111
- Cell: (619) 905-9552
- businessforsaleinsandiego.com/
- License #: CA DRE 01959660
- Office: (858) 578-4111
- Cell: (619) 905-9552
- businessforsaleinsandiego.com/
- License #: CA DRE 01959660
Don't miss this unique opportunity to own a bike shop that offers diversified sale channels through their website, amazon store and brick and mortar facility. Located in central San Diego, this established, full-service bicycle store offers broad range of bikes, components, apparel, accessories and repair services. The business has a great local reputation with excellent reviews and a large active customer following. Through the multiple sales channels the business was able generated just under $4.5m in gross revenue over the past year and has huge growth potential. Unfortunately, due to the Seller's short term debt obligations, they need to sell before the end of the year. The business is priced accordingly and includes $300k of inventory. Please call Spencer Sigoda at 619-905-9552 or submit an inquiry immediately for an NDA and additional information.
| Gross Revenue | $4,436,550 | Listed Price | $550,000 |
| Total Income | $255,391 | Down Payment | $300,000 |
| Base Rent | $7,000 | Square Feet | 2200 |
| Total Rent | $7,000 | Lease Expiration | 07/2022 |
| Rent Deposit | $7,000 | Lease Options | 1, 5 year |
| Inventory | $332,160 | Leasehold Improvements | $25,000 |
| Equipment / Fixtures | $28,000 | Other Assets |
| Full-Time Employees | 4 | Training Period | 2 Weeks, 20 hours per week |
| Part-Time Employees | 5 | Special License Required | |
| Contract Staff | Reason for Selling | Excessive short term debt obligations |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.