Established Bike Shop For Sale
Business Description
Fantastic Reputation Well Positioned With Growth Potential
Very successful & well known bike shop. Not just cycle sales, but education, rentals, repairs & true service.
This is a small independently owned service business dedicated to providing a small curated selection of practical & affordable bicycle products to novices & professionals alike.
This is a small independently owned service business dedicated to providing a small curated selection of practical & affordable bicycle products to novices & professionals alike.
About the Business
- Years in Operation
- 16
- Employees
- 5
- Facilities & Assets
- Amazing visability on a main road. Stunning shop with wood floor, brick walls, natural light & high ceilings.
Seller owned real estate not for sale but willing to provide Right of First Refusal).
Seller willing to modify existing lease to suit the needs of a qualified buyer.
Rents are NNN plus utilities. Assume another $1,300 per month for common area, property tax & property insurance charges.
Offering includes all existing shop tools, FF&E & systems. Inventory not included in asking but available. - Market Outlook / Competition
- Strong market & growing. Cycling is one of the fastest growing outdoor activities. Especially given the growth of e-bikes.
- Opportunities for Growth
- Sellers not currently maximizing several sales avenues traditionally expected as part of a bike shop. E-commerce, rentals, e-bike services not currently significant parts of the existing business model though all are in place and ready to be expanded.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,300
- Rent
- $4,000.00 per month
- Lease Expiration
- 1/12/2035
About the Sale
- Seller Motivation
- Moving
- Transition Support
- Sellers are willing to assist Buyer for a TBD time to ensure a smooth transition. They like the business, just do not want to be business owners and will eventually leave for a west-coast move.
- Financing Options
- Available to qualified buyers for up to 33% of the business value.
Listing Info
- ID
- 2284070
- Listing Views
- 2362
Listing ID: 2284070 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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