Hot Listing

Bicycle Service Shop Retail

Asking Price$250,000

Cash Flow
$85,000

EBITDA$184,000

Gross Revenue$289,000

Inventory$65,000
Included in asking price
FF&E$20,000
Included in asking price
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Hot Listing

Bicycle Service Shop Retail


Asking Price$250,000

Cash Flow
$85,000

EBITDA$184,000

Gross Revenue$289,000

Inventory$65,000
Included in asking price
FF&E$20,000
Included in asking price
Business Description
Flynn Cyclery was started with the main emphasis on service and repair. We wanted to start a shop that kept riders' bikes working and maintained. Our focus was never on carrying a large inventory of the usual stuff, new bikes, clothing, non-essential accessories, etc.
We have been in business for over 10 years and with the right understanding of product inventory, marketing and forecasting, the right owner and staff will continue to do really well here. Holladay Utah is a fantastic community of people and families who ride on ALL levels. We have a large customer database that you will inherit along with a 4.9 google rating and a great community reputation.
Our location is surrounded by many new businesses and new residential developments that are being done very well. More people are surrounding our shop every day which means more clients for the future buyer. We are also a few feet away from a Holladay Village Square which is home to a great coffee shop and several eating establishments as well as many small successful businesses.
We also have a decent amount of parking dedicated to the businesses associated with our building, so parking is not an issue.
About the Business
Years in Operation
11
Number of Employees
8
Facilities & Assets
Everything with the exception of computers and a few personal small tools and items.
Website
http://www.flynncyclery.com
Market Outlook / Competition
Salt Lake City has a very large cycling rider market. There are 3 shops within a 2 miles radius of us. We are the only shop in Holladay which has a very large rider market with exceptional income. As the area grows there is tremendous demand for great service and inventory sales. We are at the base of the Wasatch Front with access to several canyons within minutes. We are in a very outdoor oriented population.
Opportunities for Growth
We are focused on high service flow and low inventory. There is high potential for great inventory sales at this location. Bike mechanics opened this shop. Someone with a keen eye for the right product and marketing will do exceptionally well here.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$3,500.00 per month
Lease Expiration
2/1/2026
About the Sale
Seller Motivation
Moving out of state
Transition Support
1 month of all operating procedures.
Financing Options
None
Listing Info
ID
2359891
Listing Views
543
Business Location

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Business Listed by: Eric Flynn

Listing ID: 2359891 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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