Property summary
This exceptional opportunity encompasses a 1,600 square foot industrial property situated on a 0.12-acre lot at 78 Academy St, Patchogue, NY. The property houses a ten-year-old, highly successful eBike retail business boasting consistent year-over-year sales growth averaging $275,000 and a cash flow of $100,000. The business features established brands like Big Cat, Revi, and Biria, offering a diverse range of eBikes, accessories, and gear. Its prime location ensures high visibility and foot traffic. Included in the sale is $15,000 in fixed equipment and $45,000 in inventory. The asking price for the business and real estate is $150,000, with seller financing available with a $100,000 down payment. This turnkey operation provides comprehensive training and support for a smooth transition, presenting a unique opportunity to capitalize on the booming eBike market and its growing demand for eco-friendly transportation. The business is profitable and scalable, offering potential for expansion and increased product lines.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Production Facility
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Construction Company
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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