Est. Bicycle Retail & Service Shop: Open 50 Years
Chattanooga, TN Hamilton County
Chattanooga Metro Area
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- RE: Est. Bicycle Retail & Service Shop: Open 50 Years
- Contact: Wesley Hill
Quick Facts
| Asking Price: | $512,950 | |
| Annual Revenue: | $1,326,041 | |
| Net Profit: | $193,573 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1957 | |
| Employees: | 4 | |
| BBN Listing #: | 1001383 | |
| Broker Reference #: | 2130 |
Business Overview:
This bike shop has been serving the Chattanooga area for over 50 years, earning a reputation as one of the region's most trusted and respected names in cycling. Located in one of America's top outdoor recreation destinations, the business benefits from a steady flow local riders, tourists, and outdoor enthusiasts drawn to the city's nationally recognized trail systems and cycling community.
The shop offers a full range of bicycle products and services. It has a loyal customer base built over decades of exceptional service and community involvement. Currently owner-operated, the business is efficiently organized with systems and staff already in place, making it well-positioned to transition into a semi-absentee or fully managed operation. This could be your chance to own a profitable bike shop in one of the top rated destinations for outdoor enthusiasts.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Non-Included Inventory Amount: $380,000
Lease Info:
- Square Feet: 7,750
- Total Rent: $6,000
- Lease Expiration: December 31, 2029
- Lease Options: 2 5-Year option
Market Competition and Expansion:
Small handful of competitors in the area. Expand into outdoor gear and products, introduce e-commerce sales, expand services into e-bike repair.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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