Bicycle Shop - Ready to Ride to the Next Level!

Not Disclosed, PA
Lancaster County

High traffic location

Asking Price: Annual Revenue:
$225,000 $460,000

Retail: Sporting Goods, Recreation

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RE: Bicycle Shop - Ready to Ride to the Next Level! Broker: Jim Eshleman
Owner Financing is Available!

Quick Facts

Asking Price: $225,000
Annual Revenue: $460,000
Net Profit: Not Disclosed
Cash Flow: $110,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: 6
BBN Listing #: 393133784
Broker Reference #: 90206

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Business Overview:

Very established store with great clients, good employees, fantastic reputation, and good product lines. If there is any weakness here it is marketing which leaves plenty of room for a buyer to bring new enthusiasm and energy and grow this business. Many shops have come and gone (3 closed in the local area in the last year) while this store rolls along with very steady results. The local closures represent a great opportunity to grow market share in 2019. This store caters to families and recreational clients and is a fun business that promotes exercise and healthy lifestyles. There is expertise in the existing employees to draw on and the seller is willing to continue to consult on a part-time basis. This is a business that a buyer with good general business skills can buy and run. Great opportunity for an individual to take an established business and build on many years of success or for an investor or parent to put in a manager or child and have the infrastructure around them to be successful. Now is the ideal time to buy this business as we are just heading into the beginning of the busy season. There may also be an opportunity here to buy real estate in addition to the business and increase the cash flow in the overall deal and have a more diversified investment.

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Property Features and Assets:

Well known location as the business has been located here since day one. Traffic count on road in front is approximately 15,000 per day. Building is leased from a 3rd party and includes approximately 3,100 square feet for showroom, office, shop and storage.

Market Competition and Expansion:

Business is one of the most well known players in its marketplace, a consistent award winner, and has a diverse clientele of individuals, companies, institutions, and governments. A couple of recent closures of short-timers in the industry leave plenty of room to grow market share.

Reason for Selling:


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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