Growing Bicycle Shop in SW Idaho-Close To Trails!

Not Disclosed, ID
Ada County

SW Idaho

Asking Price: Annual Revenue:
$360,000 $573,000

Retail: Sporting Goods, Recreation

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RE: Growing Bicycle Shop in SW Idaho-Close To Trails! Broker: David Choate
Owner Financing is Available!
$36K down/$36K over 60 mos. @ 8%/Other Financing.

Quick Facts

Asking Price: $360,000
Annual Revenue: $573,000
Net Profit: Not Disclosed
Cash Flow: $180,843
Total Debt: Not Disclosed
FF&E: $30,412
Real Estate: Not Disclosed
Year Established: 2018
Employees: 3
BBN Listing #: 47954955
Broker Reference #: 8304-17092

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Business Overview:

Growth, Trails and Disposable Income: It’s a Great Time to Own a Bike Shop in Idaho! This bike shop and the local community that supports it are both enjoying considerable growth despite the current economic conditions. The surrounding affluent community demonstrates an abundance of disposable income and desire to engage with the wildly popular cycling infrastructure. With a solid and growing customer base, a bicycle brand netting strong margins, and excellent location close to trails this shop is experiencing strong growth in both retail sales and service. Automated systems include a user-friendly Point of Sale program for sales and inventory and a professional website including customizable e-commerce solutions.

There has been strong organic growth but there is current opportunity for pro-active marketing to reach new customers. Sellers are willing to assist new owner in identifying business development opportunities.

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Property Features and Assets:

Business is located in a commercial shopping center and occupies 2,338 square feet. Excellent location in high end area with free parking, good neighbors, and favorable lease terms. There are hundreds of miles of trails, both paved and unpaved, in surrounding area. Assets = $130,412

Market Competition and Expansion:

Competition is light, this being one of only two bicycle shops in this high end area. Idaho is experiencing strong growth due to high quality of life. Outdoor recreational activities are a key driver and consumers desire bicycles and related accessories to enjoy those opportunities. Targeted ad campaigns using Google Ads have yielded highly effective results, raising brand recognition and increasing traffic to the shop.

Reason for Selling:

Owners are ready to retire.

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.

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