High End Bicycle Shop with Inventory Included

Portland, OR
Multnomah County


Asking Price: Annual Revenue:
$630,000 $1,424,453

Retail: Sporting Goods, Recreation


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RE: High End Bicycle Shop with Inventory Included Broker: Bill Patten
Owner Financing is Available!

Quick Facts

Asking Price: $630,000
Annual Revenue: $1,424,453
Net Profit: Not Disclosed
Cash Flow: $222,598
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 105343520
Broker Reference #: PORTLOR001-N1095

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Business Overview:

This is a high-end bicycle shop in the Greater portland area. The shop has grown consistently and has maintained and increased their profit margin. A leader in their niche, they have a strong position and market share for transportation cycling the nation's leading market for bike commuters, while also serving a broader spectrum of cycling applications. They have not only survived the coronavirus economic woes, but have thrived. Located in a central and easily accessible part of town, customers find their location convenient to shop at. The shop draws from all parts of Portland, along with being recognized as a destination shop, attracting customers from hundreds of miles away due to their unique product offerings and outstanding reputation.

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Reason for Selling:

Retirement

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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