Owner Financing is Available!
Business Overview:
This specialty bicycle service opportunity posts excellent growth and profitability a gross profit in excess of 85% (as compared to the industry average of 42%). Exceptional opportunity for a mechanical and operational based new-owner to further build and leverage the strong brand. Distinguished relationships, reputation and market presence this business is ripe for continued growth. The bicycle market continues to develop with specialty fragmentation and this company stands to benefit from growing consumer and commercial demand. This business has strong relationships in every channel of the industry: Retail, distribution and manufacturing. Their roots and heritage speak volumes of the capability of this team. Seeking a business and promotions minded owner-operator, who can focus on operational efficiencies, promotions and growth. This business has a smooth annual revenue stream (+/-) and a very high profitability. Business could be combined, via a strategic acquisition, with an industry retail or distribution partner, which would add overhead efficiencies. Owner will train and would like to participate as an employee or contractor for continued technical expertise. Owner brings a wealth of knowledge, reputation and relationships to the table. Now is the time to act on this opportunity, to prepare for the fall trade shows and grab the current high cash-flow season! Business is relocatable.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Occupancy information:
Base lease rate: $12 per square feet
Total square feet: 700 square feet
Location: Off main street
Lease: Flexible month to month
Market Competition and Expansion:
Significant expansion opportunities. This business is young and growing at an admirable pace. Looking for a buyer with operational, marketing and general business skills.
Reason for Selling:
Focus on technical functions
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: