Profitable Neighborhood Bike Shop in NE Portland

Portland, OR
Multnomah County


Asking Price: Annual Revenue:
$75,000 $135,457

Retail: Sporting Goods, Recreation


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RE: Profitable Neighborhood Bike Shop in NE Portland Broker: Daren Bucklin
Owner Financing is Available!
44500.00

Quick Facts

Asking Price: $75,000
Annual Revenue: $135,457
Net Profit: Not Disclosed
Cash Flow: $66,344
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 667252348
Broker Reference #: 59071-693193

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Business Overview:

Be your own boss as an owner/operator of this very successful bicycle shop in an active NE Portland neighborhood. This bike shop provides both bicycle and accessory sales as well as a variety of services. Full service shop with a low monthly lease. Sales increased during pandemic and continue to grow. This is a great turnkey business in an active community. Owner will provide transitional training. Seller willing to provide financing to qualified buyer.

Established in 2010 and has grown to be a popular neighborhood shop. Business has expanded from bike sales to service and assembly of new bikes. Owner is relocating and has decided to sell the business.
Community Cycling Center is about 1/2 mi from the shop; Upcycles delivers exceptional customer care and has earned excellent customer reviews.

Great opportunity to grow this business from a strong foundation. Expand hours & days; Add a mobile service capability; Expand scope of products offered; Offer clinics on bicycle care and maintenance; increase industry presence through shows and conferences.

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Reason for Selling:

Relocation

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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