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- RE: Established Northern Minnesota Bicycle Retailer & Service Shop – Real Estate Available. 58562
- Contact: Sunbelt Business Advisors
Quick Facts
| Asking Price: | $173,000 | |
| Annual Revenue: | $290,225 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $36,856 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,853 | |
| Real Estate: | $350,000 | |
| Year Established: | 1975 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | SB-58562 | |
| Broker Reference #: | MINNEMN003-58562 |
Business Overview:
Established in 1975, this well-known bicycle retailer and service shop has served the Northern Minnesota market for over five decades. Strategically located in a high-visibility area near popular cycling destinations, the business benefits from strong community recognition and a loyal, multi-generational customer base. Revenue is generated through new and used bicycle sales, professional repair and maintenance services, accessories, and apparel. The service department is a core strength, supported by experienced technicians, specialized tools, and complimentary certified bike fitting. Customers purchasing new bicycles receive a full year of service, reinforcing repeat business and long-term relationships. The business operates from a 3,750 square foot owner-occupied facility featuring showroom space, service bays, and inventory storage. With real estate available for purchase, seller financing offered, and retirement-driven ownership transition, this represents an excellent opportunity for an owner-operator or cycling enthusiast to continue a respected regional brand. Interested buyers should have $58,000 in available capital for the down payment. Listing ID: 58562
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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