Bike Shop

In need of $25K to secure an SBA loan to buy a bike shop that's doing 100k in gross revenue a month.

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My brother-in-law and I are currently trying to buy a bike shop that is for sale for $250K we need 10% down for an SBA loan to acquire the business. The shop has about $1.4M in inventory that will be seller financed that we will pay back as the inventory turns over.  The company has a huge amount of growth to be had considering they aren't doing much ecommerce or advertising.  With years of experience in bike shops and retail we will be able to keep the shop running at its current level of efficiency as we improve revenue with a better advertising campaign and a stronger e-commerce presence.

As an investor we would just need from you anywhere from $25k-250k all of which will be paid back with 12% interest.

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