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- RE: Franchise Sports Equipment And Training Store
- Contact: Tiger Butler
Quick Facts
Asking Price: | $375,000 | |
Annual Revenue: | $456,053 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $46,300 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 7 | |
BBN Listing #: | 987069 | |
Broker Reference #: | 6020-18775 |
Business Overview:
For Sale: Iconic Neighborhood Bike & Triathlon Shop – Turnaround Opportunity!
Seize the chance to own a beloved local bike shop with deep community roots and a strong brand as the go-to destination for repairs, accessories, and bike sales. Despite current challenges from COVID-era inventory costs and negative cash flow, this turnkey operation is primed for a motivated buyer to unlock its potential. Owner had to step away for health reasons, creating an opportunity for you to step in, streamline operations, reduce overhead, improve cash flow, and boost profitability. Perfect for a cycling enthusiast or entrepreneur eager to revitalize a trusted name in a growing market. Don’t miss this chance to pedal a community staple into a thriving business!
Contact us for details.
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.
Property Features and Assets:
The company currently leases a 3,200 square foot facility in a commercial strip in North TX. The total rent including management fee, common area fee and insurance is $8,194 per month. The base rent is $5,678 per month and there are currently 5 years remaining on the lease.
Assets = $371,300
Market Competition and Expansion:
There is a steady, upward and overall positive trend in the endurance sports industry, such as cycling and triathlon’s, with more participants from all over the nation jumping in each year, especially as health and fitness trends continue to climb higher each year as well.
The most significant opportunities for growth are in the following areas:
• Grow the Training Programs
• Grow Hybrid Bike Sales
• Grow Online Sales more
• Increase Marketing Campaigns
• EBike Sales
Reason for Selling:
Health related. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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