Established Bicycle Store - Sales, Service & Repairs

This profitable bicycle and skateboard retail operation has been serving the Oakland, NJ community since 1996, generating $299,000 in annual revenue and growing. Located in Bergen County with excellent proximity to major biking areas including, this turn-key business benefits from a strategic position as the closest shop to popular riding destinations.

Business Overview:
- Established customer base with consistent growth over the past five years
- Full-service operation offering sales of major bicycle brands and skateboards, professional repairs, and comprehensive service
- Modern point-of-sale and inventory management systems
- Updated specialty tools and fixtures supporting efficient operations
- 1,300 square foot facility with current lease through December 2026 at $3,700 monthly

Financial Highlights:
- Annual Revenue: $299,000
- Asking Price: $165,000 (includes $105,000 inventory)
- FF&E Value: $20,000
- Demonstrated profitability with upward sales trajectory

Growth Opportunities:
- Expanding customer base from surrounding areas as competing shops close or become unreliable
- Consistent employee additions reflecting growing workload and momentum
- Strong word-of-mouth reputation driving new customer acquisition
- Established presence in communities with year-over-year sales increases

Operational Strengths:
- Respected local business with community involvement
- Major brand partnerships providing diverse product offerings
- Comprehensive service capabilities generating recurring revenue
- Modern systems supporting scalable operations

The current owner is retiring after successfully growing the business over five years of ownership. Training and support are available to ensure smooth transition. This represents an excellent opportunity to acquire a profitable, well-positioned, turn key operating business in the cycling industry with established systems, loyal customer base, and clear growth potential. Principals only please.