MergerPlace

Fun Local Bike Shop-Prime Location

Hermosa Beach, California (Los Angeles)


  • Asking Price: $145,000
  • Gross Income: $440,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #202536
  • Established: 2012
  • Employees: 5 FT

Business Description

This is your chance to get into the booming, fun and exciting bicycle shop business with a well-established local
shop. This turnkey operation is the perfect small business: Hermosa Beach location, skilled and stable employee base and a perfect location near the Pacific Coast Highway, anchored by the legendary surf shop ET Surf. We continue to grow and showed a 15% year over year increase in revenues in 2016 and that trend is continuing in 2017.
Motion is the premier bicycle shop in the South Bay with multiple streams of revenue including: sales, service, and rentals on all bikes. We pride ourselves on quality service, community support, and a friendly attitude. Five
years established with a large customer base. We are the highest rated bike shop on yelp and google. Extremely attractive and fun interior build-out with included fixtures. Owner is selling because he moved outside of the Los Angeles area. This asking price includes $85,000 in inventory (fixtures, work bays and tools). Above cash flow is 2016 gross profits.
Call Devin for all the details: (312) 415-9581.


Business Details

Primary Business Category: Retail Trade - Sporting Goods, Hobbies, Books
Location: California
Metropolitan Area: Hermosa Beach
County: Los Angeles

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT

Financial Information

Asking Price: $145,000
Gross Revenue: $440,000
Seller Financing Available: No

Property Information

Facilities:

Includes $85,000 in inventory (fixtures, work bays and tools). Great location, contact for detailed information about this business.

Growth & expansion opportunities:

High demand allows for continual long-term growth of this business.

Competition:

Highly regarded, well known name in the industry.

Reason for selling:

Owner is moving

Support & Training:

Full training and support

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Devin C.

DM Brokerage