Popular E-bike Store in Heart of Indianapolis
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Popular E-bike Store in Heart of Indianapolis - Largest variety of premium e-bikes in central Indiana
This turn-key electric bike retail operation represents an exceptional opportunity in Indianapolis's thriving Bottleworks District. Established in 2023, the business has quickly built a strong foundation with $356,000 in annual revenue and holds exclusive rights to the Indianapolis market for the Pedego brand.
BUSINESS OVERVIEW
The only dedicated electric bike store in Indianapolis, this 2,700 sq ft retail location features a striking 50' x 33' historic garage door that creates an impressive storefront for bike displays and attracting rental customers. The prime location benefits from high foot traffic and proximity to major cycling destinations including the Monon Trail, Indianapolis Cultural Trail, and White River Trail.
INCLUDED ASSETS
The $125,000 asking price includes substantial inventory valued at $65,000, comprising approximately 40 new bikes, 18 rental bikes, and extensive accessories. Additional assets include $30,000 in fixtures, furniture and equipment, plus a fully equipped service area with electric lift and professional tools.
LOCATION ADVANTAGES
Situated in the popular Bottleworks District near the boutique Bottleworks Hotel, the store enjoys exceptional visibility and foot traffic. The strategic location provides direct access to Indianapolis's extensive trail network, creating natural synergy between the business and its target market.
GROWTH OPPORTUNITIES
Significant expansion potential exists through service diversification. Currently focused on brands sold in-store, the new owner could capture substantial market share by servicing analog bikes, various e-bike brands, and scooters - particularly valuable given only two bike repair facilities serve downtown Indianapolis. The exclusive Pedego market rights position the business advantageously as the brand launches new 2026 models.
FINANCIALS & TERMS
Annual Revenue: $356,000
Asking Price: $125,000 (includes $65,000 inventory)
Lease: $5,000/month through June 2026 with Hendricks Company
FF&E: $30,000
The retiring owners offer post-sale support including POS system training and manufacturer introductions, ensuring smooth transition for this profitable, well-positioned business in Indiana's growing e-bike market.
This turn-key electric bike retail operation represents an exceptional opportunity in Indianapolis's thriving Bottleworks District. Established in 2023, the business has quickly built a strong foundation with $356,000 in annual revenue and holds exclusive rights to the Indianapolis market for the Pedego brand.
BUSINESS OVERVIEW
The only dedicated electric bike store in Indianapolis, this 2,700 sq ft retail location features a striking 50' x 33' historic garage door that creates an impressive storefront for bike displays and attracting rental customers. The prime location benefits from high foot traffic and proximity to major cycling destinations including the Monon Trail, Indianapolis Cultural Trail, and White River Trail.
INCLUDED ASSETS
The $125,000 asking price includes substantial inventory valued at $65,000, comprising approximately 40 new bikes, 18 rental bikes, and extensive accessories. Additional assets include $30,000 in fixtures, furniture and equipment, plus a fully equipped service area with electric lift and professional tools.
LOCATION ADVANTAGES
Situated in the popular Bottleworks District near the boutique Bottleworks Hotel, the store enjoys exceptional visibility and foot traffic. The strategic location provides direct access to Indianapolis's extensive trail network, creating natural synergy between the business and its target market.
GROWTH OPPORTUNITIES
Significant expansion potential exists through service diversification. Currently focused on brands sold in-store, the new owner could capture substantial market share by servicing analog bikes, various e-bike brands, and scooters - particularly valuable given only two bike repair facilities serve downtown Indianapolis. The exclusive Pedego market rights position the business advantageously as the brand launches new 2026 models.
FINANCIALS & TERMS
Annual Revenue: $356,000
Asking Price: $125,000 (includes $65,000 inventory)
Lease: $5,000/month through June 2026 with Hendricks Company
FF&E: $30,000
The retiring owners offer post-sale support including POS system training and manufacturer introductions, ensuring smooth transition for this profitable, well-positioned business in Indiana's growing e-bike market.
About the Business
- Years in Operation
- 3
- Employees
- 1 Part-time
- Facilities & Assets
- Located in the popular Bottleworks District in Indianapolis, the store boasts a functional 50'w x 33'h historic garage door, perfect for showcasing new bikes and attracting renters. Store is close to major bike trails including the Monon Trail, the Indianapolis Cultural Trail, the White River Trail, and more. All inventory, including approximately 40 new bikes, 18 rental bikes, service area with electric lift and all tools, plus numerous accessories included. Space is leased from Hendricks Company, owner/developer of Bottleworks Hotel and district.
- Market Outlook / Competition
- Pedego Indy is the only dedicated electric bike store in Indianapolis.
- Opportunities for Growth
- Significant growth opportunity given location with high foot traffic, proximity to trails and popular boutique hotel. Current owners opted to service only brands that they sold. Given there are only two bike repair facilities located in the downtown area, significant growth would be possible for new owner willing to undertake repair of analog bikes, different brands of e-bikes, and even scooters. Pedego Indy has the rights to the Indianapolis market, offering a new owner enhanced sales as the brand launches all new models in 2026.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,700
- Rent
- $5,000.00 per month
- Lease Expiration
- 7/1/2026
About the Sale
- Seller Motivation
- Current owners opened the shop shortly after they retired from career jobs. Afte
- Transition Support
- The store is a turn-key operation. Owners willing to provide limited on-site training for POS and introductions to manufacturer and accessory reps.
Listing Info
- ID
- 2471100
- Listing Views
Listing ID: 2471100 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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