Iconic 40 plus year Bike Shop - Wilson NC- just east of Raleigh

Asking Price$149,995

Cash Flow
$87,923
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$284,264

Inventory$75,000
Not included in asking price
FF&E$35,100
Included in asking price
listing imageSave

Iconic 40 plus year Bike Shop - Wilson NC- just east of Raleigh


Asking Price$149,995

Cash Flow
$87,923
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$284,264

Inventory$75,000
Not included in asking price
FF&E$35,100
Included in asking price

Seller Financing Available
Business Description
Real Estate Available
Seller is Ready to retire and hand off 40 plus year Iconic Bicycle Shop with Locksmith Service

Would be willing to entertain working part time for new owner !

Discover a remarkable chance to acquire a renowned Bicycle Shop that has become a cornerstone of the community. As the current owner retires, the torch is being passed to someone who can carry forward the tradition of exceptional service. The retiring owner is committed to facilitating a smooth transition through training and guidance.

**Key Features:**

TREK premium brand dealer !

- **Location:** Wilson, NC
- **Established:** Over 40 years of successful operation
- **Clientele:** Extensive and loyal
- **Seller Financing:** Available for qualified buyers

**Thriving Business:**

This opportunity extends beyond a mere Bicycle Shop – it's also a prosperous Locksmith Service. Located in Wilson, NC, the business has thrived for decades, drawing upon its reputation and strong customer base.

**Your Path to Success:**

No prior experience in the bike shop industry? No problem. If you possess a passion for customer satisfaction and enjoy hands-on tinkering, you have what it takes to succeed. The current owner is prepared to impart the necessary skills during the transition period.

**Unique Selling Points:**

- Rare chance to own an established business with significant growth potential
- The retiring owner's vision is to transfer the customer base to an individual enthusiastic about embracing innovations like eBikes, driving substantial expansion.
- The retiring owner is dedicated to assisting in the transition process.

For inquiries and detailed information, please contact:

Tommy Alligood
Transworld Business Advisor of Eastern NC
Email: talligood@tworld.com

This is your moment to take the reins of a profitable Bicycle Shop and Locksmith Service with a rich history. Seize this opportunity to continue its legacy and unlock its potential for further success.

**Revenue Distribution:**

- Bike and Accessory Sales: 60%
- Service: 30%
- Locksmith Service: 10%
About the Business
Years in Operation
45
Employees
3
Currently Relocatable
Yes
Facilities & Assets
-Real Estate Available For Purchase-
Real Estate Asking Price: $225,000.00

Lease Terms Options: Seller to Sign New Lease

Facilities: Great location and in good condition

FF&E Overview: Computers, key machines, bike racks, safe, Dewalt tools

FF&E General Condition: Very Good and Well Maintained
Market Outlook / Competition
Only Bike shop in town! Many referrals from surrounding shops due to the excellent service provided.
Opportunities for Growth
Ideas that come to mind immediately include:

• Embracing social media / Internet marketing

• E-Commerce and E-Bikes

• Locksmith Service
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$2,500.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Number of Weeks Seller Will Offer Training: 2
Financing Options
Owner Financing Interest: 6% Owner Financing Terms Months: 60
Listing Info
ID
2014050
Listing Views
3593

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Tommy Alligood Transworld Business Advisors of Eastern NC

Listing ID: 2014050 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.