High Performing Bicycle Shop - Front Range

Not Disclosed, CO


Asking Price: Annual Revenue:
$1,095,000 $2,700,000

Retail: Sporting Goods, Recreation


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RE: High Performing Bicycle Shop - Front Range Broker: Thom Beckett
License #: FA.100000419

Quick Facts

Asking Price: $1,095,000
Annual Revenue: $2,700,000
Net Profit: Not Disclosed
Cash Flow: $615,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 295910489
Broker Reference #: 1495

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Business Overview:

This high performing bicycle retailer rewards your love for the outdoors with a career surrounded by enthusiastic employees & customers! Company has well-trained professionals including sales, service, and operations. Well established in their market, decades in business, with a longstanding repeat 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 nationally recognized as a top industry performer. More than a bicycle shop, this is a professionally managed lifestyle business. Company has excellent vendor lines and metrics atop their peers!

Sale includes all assets, computerized systems, and professionally prepared financials. The Lease is active to 2026 and market competitive with options for extension or real estate purchase. Very strong employee team is professionally trained, with extensive industry experience. This is a great business for a new industry entrant, or experienced industry marketing or finance professional transitioning to self-employment.

This shop serves new and experienced cyclists with a deep mix of retail and professional services. Professionally marketed with an active customer database, website, and social-media promotions. Owner and staff manage day-to-day controls. Market and business continue to perform very well in 2021. Qualified Buyer brings 15% - 25% down-payment. SBA and Seller may assist with financing. Current incentives from the SBA include your first-three SBA payments to be Forgiven! Interested Buyers should love bicycles and people.

This business generated 30% growth in 2020, and 65% growth since 2014! Excellent Management & Employee Team!

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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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