78 Academy St Patchogue, NY 11772-3813

Property Details for 78 Academy St

Lot size

0.12 lot acres

Property type

Warehouses

APN

0204-014.00-01.00-014.000

APU

204014000100014000

Description

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.