The company is a wholesale / distributor of bicycle parts to bicycle retailers across the Phoenix metro area. They sell to approximately 60% of the existing retailers in the area. The product line represents a few hundred items that they maintain in inventory at all times. Inventory value runs between $110K to $140K, is up to date and is not obsolete. Inventory is not included in the asking price and must be purchased in addition to the price of the business. All furniture, fixtures and equipment is included in the asking price. They recently upgraded their website and it now features a shopping module so customers can order online if they wish. The business is uncomplicated, employee free and well established. Most customers pay COD leaving just a few that are on terms.
Reason to sell
Support and training
: Yes - Negotiable Period
: The business is well positioned for a savvy, hands-on, marketing oriented owner to take to the next level.
: There are a handful of small competitors in the market and a few national distributors as well. They compete not only on price but provide personal service that their clients appreciate and respond to.
: Excellent location in an upscale industrial park near busy highway