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This is a very successful turn key business with tremendous growth opportunities! 2021 sales were up almost 25% with an absentee owner. A hands on owner should be able to largely increase sales and profits! Sales continue to trend up in 2022. The books and records are very straightforward. This is a chance to own a very profitable store with the opportunity to expand to multiple locations. Renegade Classics is the largest supplier of motorcycle apparel and accessories in Northern CA. They were established in 1991 and now have stores nationwide. Renegade Classics is a registered trademark and has its own privately branded merchandise in addition to well known name brands. The corporate headquarters is located in Sacramento CA. The Modesto location has been owned by the CEO of Renegade Classics since it was established in 2003. This is a great opportunity to step into an established, fun and profitable business! Please do not discuss the sale of the business with the employees. The information provided is compiled from information obtained from the Seller(s). The broker or agent makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification & that of their financial &/or legal advisors with regard to this information. We are not offering financial advice, financial assistance or do we endorse any loan or financial programs. We strongly suggest that you contact a finance, tax or legal professional regarding any of your financial and /or loan decisions. Location: Modesto, California Year Established: 2003 Number of Employees: 3 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 4,800 Rent: $4,232.00 Per Month Lease Expiration: 7/31/2026 Facilities: The store is clean throughout and located in a perfect location surrounded by other motorcycle shops. Website: renegademodesto.com Market Outlook/ Competition: Renegade Classics offers a unique trademark line of clothing and accessories that can only be purchased through them as well as popular name brands. Growth & Expansion: This location is absentee run. A hands-on owner should see tremendous growth with local marketing and social media: Getting involved with local bike organizations, other Modesto businesses, sports teams, Chamber of Commerce, etc.
Listed: Apr 21, 2022
Updated: 6 hours ago
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