Profitable Bicycle Sales & Service Shop

Not Disclosed, NC


Asking Price: Annual Revenue:
$350,000 $407,169

Retail: Sporting Goods, Recreation


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RE: Profitable Bicycle Sales & Service Shop Broker: Tommy Alligood
Owner Financing is Available!
Owner Financing Terms $35,000.00 Owner Financing Interest 6% Owner Financing Terms Months 60 Owner Financing Monthly Payment $676.65

Quick Facts

Asking Price: $350,000
Annual Revenue: $407,169
Net Profit: Not Disclosed
Cash Flow: $119,335
Total Debt: Not Disclosed
FF&E: $35,100
Real Estate: Not Disclosed
Year Established: 1980
Employees: 3
BBN Listing #: 368358201
Broker Reference #: 13485-640600

Email or Print Listing

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Business Overview:

Profitable Bicycle Shop located in Eastern NC with large clientele that has been in business over 40 years

SBA7a Pre-qualified
Seller Financing

Trek
Rocky Mountain
GT Bicycles
Schwinn Bicycles
Sun Bicycles
Electra

Business includes a Locksmith Service with steady revenue and a great opportunity for growth.

Ideal for an Owner / Operator that wants to grow an established business with an excellent reputation.

Great location on high traffic road with easy access and large parking area.

Nearby city recreational areas within 5 miles.

Two Mountain Bike trails located within 30 minutes of shop (21 and 30 miles).

Located less than an hour from large metropolitan area that is exploding and expanding toward the shop!

Percentages of Revenue Breakout:

60% Bike and Accessory Sales
30% Service
10 % Locksmith service

The shop has been providing outstanding customer products and service to all cycling customers since 1980 building a large clientele.

Only Bike shop in town! Many referrals from surrounding shops due to the excellent service provided.


Ideas that come to mind immediately include:

• Embracing social media / Internet marketing

• E-Commerce and E-Bikes

• Locksmith Service

Great location and in good condition

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

Relevant Links:

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