Franchise Sports Equipment and Training Store
Business Description
Iconic Neighborhood Bike & Triathlon Shop – Turnaround Opportunity!
For Sale: Iconic Neighborhood Bike & Triathlon Shop – Turnaround Opportunity!
Seize the chance to own a beloved local bike shop with deep community roots and a strong brand as the go-to destination for repairs, accessories, and bike sales. Despite current challenges from COVID-era inventory costs and negative cash flow, this turnkey operation is primed for a motivated buyer to unlock its potential. Owner had to step away for health reasons, creating an opportunity for you to step in, streamline operations, reduce overhead, improve cash flow, and boost profitability. Perfect for a cycling enthusiast or entrepreneur eager to revitalize a trusted name in a growing market. Don’t miss this chance to pedal a community staple into a thriving business!
Contact us for details.
Seize the chance to own a beloved local bike shop with deep community roots and a strong brand as the go-to destination for repairs, accessories, and bike sales. Despite current challenges from COVID-era inventory costs and negative cash flow, this turnkey operation is primed for a motivated buyer to unlock its potential. Owner had to step away for health reasons, creating an opportunity for you to step in, streamline operations, reduce overhead, improve cash flow, and boost profitability. Perfect for a cycling enthusiast or entrepreneur eager to revitalize a trusted name in a growing market. Don’t miss this chance to pedal a community staple into a thriving business!
Contact us for details.
About the Business
- Years in Operation
- 10
- Employees
- 3
- Franchise
- This business is an established franchise
- Facilities & Assets
- The company currently leases a 3,200 square foot facility in a commercial strip in North TX. The total rent including management fee, common area fee and insurance is $8,194 per month. The base rent is $5,678 per month and there are currently 5 years remaining on the lease.
- Market Outlook / Competition
- There is a steady, upward and overall positive trend in the endurance sports industry, such as cycling and triathlon’s, with more participants from all over the nation jumping in each year, especially as health and fitness trends continue to climb higher each year as well.
- Opportunities for Growth
- The most significant opportunities for growth are in the following areas:
• Grow the Training Programs
• Grow Hybrid Bike Sales
• Grow Online Sales more
• Increase Marketing Campaigns
• EBike Sales
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,200
About the Sale
- Seller Motivation
- Health related.
- Transition Support
- Will train for 2 weeks @ $0 cost.
Listing Info
- ID
- 2339660
- Listing Views
- 821
Listing ID: 2339660 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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