90-Year Established Bike Shop
Business Description
Based in Michigan, the Company offers a diverse selection of bicycles and tricycles, featuring high-quality products from leading brands. Alongside its product offerings, the Company provides comprehensive repair and maintenance services, including specialized electric bike repairs, custom fittings, and a broad array of bicycle accessories.
With nearly a century of experience, the Company has built a strong reputation for quality, maintaining a significant presence across both brick-and-mortar and online sales channels. It has a proven track record of success in niche markets and has established a well-recognized brand with a diverse customer base.
The current owner is looking to retire to spend more time with family but is willing to assist with the transition to new ownership. The Company operates from its own facility and leases the adjacent building from an unrelated third party to expand its showroom space and storage capacity. The current owner plans on selling the Company-owned facility.
Buyers will be required to have a minimum of $200,000 in liquid funds to be considered for this opportunity.
With nearly a century of experience, the Company has built a strong reputation for quality, maintaining a significant presence across both brick-and-mortar and online sales channels. It has a proven track record of success in niche markets and has established a well-recognized brand with a diverse customer base.
The current owner is looking to retire to spend more time with family but is willing to assist with the transition to new ownership. The Company operates from its own facility and leases the adjacent building from an unrelated third party to expand its showroom space and storage capacity. The current owner plans on selling the Company-owned facility.
Buyers will be required to have a minimum of $200,000 in liquid funds to be considered for this opportunity.
About the Business
- Employees
- 4
- Facilities & Assets
- The Company operates from its own facility and leases the adjacent building from an unrelated third party to expand its showroom space and storage capacity.
- Market Outlook / Competition
- Investment Highlights Include:
1. Established Legacy
2. Niche Market Leadership
3. Diversified Sales Streams and E-Commerce Strength - Opportunities for Growth
- Growth Opportunities Include:
1. Expansion Through 3rd Party Platforms
2. Automation Capabilities
3. Increasing Focus on Service Department
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 5,500
About the Sale
- Seller Motivation
- Ownership is looking to divest from the Company to retire.
- Financing Options
- Limited Seller-Financing Available for Qualified Buyers.
Listing Info
- ID
- 2294512
- Listing Views
- 2250
Listing ID: 2294512 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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