Bicycle Retailer In Colorado Front Range

Not Disclosed, CO

Front Range of Colorado


Asking Price: Annual Revenue:
$3,295,000 $3,428,221

Retail: Sporting Goods, Recreation


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RE: Bicycle Retailer In Colorado Front Range Broker: Thom Beckett
License #: FA.100000419

Quick Facts

Asking Price: $3,295,000
Annual Revenue: $3,428,221
Net Profit: Not Disclosed
Cash Flow: $930,300
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 11
BBN Listing #: 313510489
Broker Reference #: 1493

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Business Overview:

This high performing bicycle retailer rewards your love for the outdoors with a career surrounded by enthusiastic employees and customers! Company has well-trained, mature management in place, including sales, service, marketing, and accounting. Well established in their market, decades in business, with a multi-generational clientele. Few careers offer this fulfillment and opportunity - surround yourself with products that benefit your customers’ health and wellness, in a business with top of industry performance!

This business has an excellent position within a very strong market, is professionally branded, and is nationally recognized as a top industry performer. More than a bicycle shop, this is a professionally managed bicycle business. Company has excellent vendor lines, product mix, and metrics atop their peers! Very strong employee team is professionally trained, with extensive industry experience.

Sale includes all assets and computerized systems, and professionally prepared financials. The lease is active to 2030 and market competitive. There are options for lease extension or real estate purchase. This is a great business for a new industry entrant, or experienced industry marketing or finance professional transitioning to self-employment. Applicants should love bicycles and people :)!

This shop serves new and experienced cyclists via retail, rental, professional services, and lifestyle products. Professionally marketed with an active customer database (100,000), print and web promotions, and proven operational systems. Owner and staff manage day to day controls. Market and business continue to perform very well in 2021 - this business has grown 67% since 2016!

Qualified Buyer brings 15% - 25% down-payment. SBA and Seller may assist with financing (incentives from the SBA for your first-Six SBA Payments to be Forgiven!)

This business generated 26% growth in 2020, and 67% growth since 2016!
Excellent Management and Employee Team!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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