Business For Sale

Prominent Award Winning Bicycle Shop

Tampa, FL
Hillsborough County

Asking Price: Annual Revenue:
$870,000 $1,424,900

Retail: Sporting Goods, Recreation

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RE: Prominent Award Winning Bicycle Shop Broker: Dave Winter

Quick Facts

Asking Price: $870,000
Annual Revenue: $1,424,900
Net Profit: Not Disclosed
Cash Flow: $185,100
Total Debt: Not Disclosed
FF&E: $32,000
Real Estate: Not Disclosed
Year Established: 1962
Employees: 13
BBN Listing #: 415018486
Broker Reference #: DW022019

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Business Overview:

This Bike Shop is a locally owned bicycle retail store that originally opened for business in 1962. The company was purchased by its current owner in 2007 from the founder. It's recognized as one of the top 100 bicycle retailers in the country by the National Bicycle Dealers Association and has been voted Best of the Bay for several consecutive years, a testament of over 50 years serving the community.
The Shop sells bicycles (new, used), parts, accessories, and apparel. Brands include Trek, Cannondale and Specialized. It also provides repairs and maintenance services.

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Property Features and Assets:

The Shop is located in a 12,000 square foot retail space located on a busy street with strong foot traffic in the area. Hours of operation are Monday through Saturday 10:00 AM to 7:00 PM and Sunday 12:00 PM to 5:00 PM.

Reason for Selling:

Retirement / Moving.

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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