Bike Shop

Not Disclosed, UT

Wasatch Front


Asking Price: Annual Revenue:
$750,000 $1,200,341

Retail: Sporting Goods, Recreation


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RE: Bike Shop Broker: Seller of Business
Owner Financing is Available!
Some seller financing may be negotiable for a qualified buyer.

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,200,341
Net Profit: $275,106
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 36214931
Broker Reference #: Not Disclosed

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Business Overview:

For over 5 years, this specialty e-bike shop has sold and serviced the latest and greatest products. They have long-established relationships with the better manufacturers in the industry, allowing them to provide many models and a full range of features to satisfy almost every customer’s needs, from ultimate mountain biking to commuting on paved roads.

Their inventory generally comprises higher-quality, higher-priced bikes and the shop has earned a five-star sales and service rating from customers. They are located on a high-traffic thoroughfare with great visibility, near some of the areas more popular on and off-road bike trails.

Unprecedented supply chain issues impacted sales for 2020 and 2021. Shipping issues have since resolved and inventory availability is now at pre-pandemic levels. Additionally, a very large inventory is in place ready for the 2023 spring and early summer sales season. Pre-orders will be placed to ensure deliveries later in spring. Some seller financing is negotiable for a highly qualified buyer.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Approximately 3,427 square feet.

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.

Relevant Links:

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