Iconic, Premium and Successful Bike Shop in Top Demographics

Asking Price$205,500

Cash Flow
$90,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$300,000

Inventory$90,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Niche Cycling RetailerSave

Iconic, Premium and Successful Bike Shop in Top Demographics


Asking Price$205,500

Cash Flow
$90,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$300,000

Inventory$90,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This can be a life changing opportunity for someone wishing to purchase a bicycle store in Colorado’s Front Range. This business is one of the top performing bicycle stores in the country with profitability over four times the national average. (15 to 20% net income vs. the industry average of 4.7%). The business is focused on two profitable niches in the cycling industry – tandem bikes and the fastest-growing segment in biking – e-bikes. The limited competition and national reputation of this business drives the strong profits.

The business has served generations of customers over the past 28 years and offers a wide range of products and services, including bicycles, supplies, repairs, and clothing. With a prime location (with 169,000 people within walking distance of the shop) and a loyal customer base, the business has extensive growth potential.

This bicycle store has substantial growth potential. The sport of cycling encourages outdoor activities and living a healthy lifestyle. For this reason, the cycling industry is growing rapidly as more and more people are becoming environmentally and health conscious. The demand for bikes has never been higher and there’s no end in sight. Bicycling has grown into one of the most popular recreational sports, along with walking, running, and hiking.

The business is for sale because the owner is wishing to retire. This is a once in a lifetime opportunity for someone wanting to get into the bicycle business. This business is positioned for solid, recession proof profits for years to come.

The owner is actively involved in the day-to-day running of the business and is offering a comprehensive handover and transition period. This is an opportunity not to be missed.
About the Business
Employees
1
About the Sale
Seller Motivation
RetirementThe sale is a result of natural succession planning as the owners are
Listing Info
ID
2115342
Listing Views
453

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Business Listed by: David Harris Front Range Business, Inc.

Listing ID: 2115342 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.