New Business For Sale: Bicycle Shop - Prime Santa Monica location

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March 17, 2017 by Eric Mellem

Eric Mellem just launched a new listing: Bicycle Shop - Prime Santa Monica location

Bicycle Shop - Prime Santa Monica location
Asking: $75,000 • Gross: $69,000 • Net: $

GREAT OPPORTUNITY for a bicycle enthusiast to own and operate their own bike shop. Excellent Santa Monica location with heavy drive-by and foot traffic. Current owner is 70 years old and has on-going health issues preventing him from operating the shop effectively. NOTE: 2012 Sales were $171,000. His current receipts are primarily from repairs and he does not promote or stock many new bicycles. A new, energized owner could quickly increase revenue by stocking and selling new bikes. If the storefront was simply displaying new bikes it would certainly attract new customers with it's prime location. The inventory includes a few bikes, including a recumbent bikes, and a vast array of repair equipment and parts. The shop is referred out by other local bike stores for upper end and extensive repair work. Additional alley entrance and parking as well as great street parking. 

Eric Mellem
Email: emellem@bizex.net
Office: (310) 882-2200 ext 146
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker-ma-advisor/eric-mellem

Businesses for Sale



Broker Information



Eric Mellem
Business Broker/M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802

Contact
Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations