Bike Shop on the Great Allegheny Passagbe

  • $65,000
Confluence, Pennsylvania
  • 35000
  • Cash Flow
  • 115000
  • Gross Revenue
  • EBITDA
  • 5000
  • FF&E
For Sale

Bike Shop on the Great Allegheny Passagbe

Confluence, Pennsylvania
  • $65,000

Overview

Listing ID: 20872
  • 35000
  • Cash Flow
  • 115000
  • Gross Revenue
  • EBITDA
  • 5000
  • FF&E

Description

Established seasonal bike shop along the Great Allegheny Passage (GAP), one of the premier off-road bicycle trails in the United States, from Pittsburgh, PA to Washington, DC (www.gaptrail.org). The GAP hosts nearly a million visitors each year. Located in Confluence, PA, nestled in the scenic Laurel Highlands of Western Pennsylvania.
The Laurel Highlands was voted among the five emerging travel destinations by TravelLemming.Com (https://travellemming.com/2020-travel-destination-reader-awards/) Confluence Cyclery is a full-service bike shop offering sales, service and rentals.
Sale includes all tools, fixtures and equipment. More information on the town of Confluence can be found at www.visitconfluence.info .

Listing Documents

NON-DISCLOSURE AGREEMENT
  • Address Confluence, Somerset County, PA, USA
  • City Confluence
  • State/county Pennsylvania
  • Zip/Postal Code 15424
  • Country United States

Details

Updated on April 1, 2021 at 5:06 am
  • Listing ID: 20872
  • Price: $65,000
  • Business Type: Bike Shops
  • Listing Status: For Sale
  • Cash Flow: 35000
  • Gross Revenue: 115000
  • FF&E: 5000
  • Inventory: 105000
  • Real Estate: 175000
  • Year Established: 2008
  • Number of Employees: 2
  • Support & Training: Owner willing to stay on for a limited period of time at no cost to train buyer.
  • Reason for Selling: Owners are retiring.
  • Competition: Market is predominantly cyclists utilizing the Great Allegheny Passage. Nearest Bike shop is 25 miles away.

Additional details

  • Inventory: Included in asking price
  • Real Estate: Owned
  • Building SF: 14,000
  • Furniture, Fixtures, & Equipment (FF&E): Included in the asking price
  • Facilities: Building has 14,000 square feet. 2500 square feet of floor space for the bike shop plus additional space for storage for inventory. Rental of space is $700 per month. All tools, fixtures and equipment included. Located on the town square.
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