This business sells all types of bicycles, accessories and repairs all models and types of bicycles. Their market is mostly local residents from nearby CT towns in Fairfield & Litchfield counties. The Owner who is planning to retire, has been in this industry over 40 years, 36 of which has been in New Milford, CT. The business has been located at its current address for 14 years and prior was located nearby on a road the State widened. The store is in a small commercial complex with several other businesses across from tennis courts in New Milford, CT. It is minutes from The Green. There is a lot of potential for a new Owner who wants to increase his/her business. A few ideas…the new Owner could start a Bike Club, sponsor group rides & events, do social media, run seminars, advertise in the local papers or on radio, offer free or paid training classes etc. none of this is currently being done now – why? The Owner wants to retire after more than 40 years owning Bike Shops. This business is not for a beginner. The new Owner should have experience in this industry and be familiar with repairing all types of bikes. The Owner is willing to train the Buyer, but not stay with him forever. He might, however, consider working for the new Owner - part time!
Based on the average sale price from the Wolcott, CT office
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
1 Withheld Street New Milford, CT is a Single Family Home for sale at $119900 with 1657 sqft and a lot size of Acre(s). 1 Withheld Street New Milford has 0 bedrooms, 1 baths . The property's zip code is 06776 which is in New Milford, CT
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.