BUSINESS FOR SALE FULL SERVICE BICYCLE SHOP
T
ake advantage of a great opportunity to own a well-established, all season business that is highly recognized in its industry. This business has fostered a very trusted reputation with it’s professionalism, experienced and knowledgeable staff and prompt service. It has also kept loyal customers over the years. This business is known for it’s competitive product lines and high-quality equipment. Located in a high-visibility location, it caters to both recreational and competitive riders. The new owner can capitalize on the potential growth of this business by possibly opening a second location.
COMPANY OVERVIEW Industry:
Sporting Goods
Location:
BC’s beautiful South Coast
Company History:
Well established
Type Of Business:
Partnership
Size Of Premise:
1,000 Sq. Ft.
Employees:
3
BUSINESS HIGHLIGHTS
SALE INFORMATION
•
Located in a high-visibility area
•
Great all season business
•
Stable history of profitability
•
Trained staff are willing to stay
Type of Sale: Asset Sale Asking Price Consideration:
NORMALIZED FINANCIAL SUMMARY
FF&E / Goodwill / Normal NWC Business Value (exclusive of inventory): Average Inventory:
Business Asking Price:
YEAR $ 260,402 $ 118,598
$ 379,000
4YR W/Avg Implied Multiple IMPLIED MULTIPLE =
SDE
SALES
$ 96,488
$ 383,647
3.9
1.0
(Business Value + Inventory) 4yr Weighted Average
For information about this business please contact: LISTING BROKER
Marion Van Keken-Rietkerk MBA,CBI Sunbelt Business Brokers Pacific Inc. Direct: 778.329.9565 Cell: 604.617.8118 Email:
[email protected]
Listing ID #VANCOBC002-N294 | Last Revised May 12, 2010 Information contained in this statement is provided solely by the Seller and has not been verified by Sunbelt or any third party. No representations or warranties are provided by Sunbelt Business Brokers Pacific Inc., its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Potential Buyers should seek the counsel of their accountant, lawyer and/or other business advisors.
Sunbelt Business Brokers Pacific Inc. The Marine Building | Suite 320 | 355 Burrard Street | Vancouver | BC | V6C 2G8
www.sunbeltpacific.ca
Phone: 604.696.6111 | Fax: 604.696.6119 | Toll Free: 1.877.538.5478
