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  • RE:  Historic Broward County Family Bicycle Shop
  • Contact:  Rob Cohen

Quick Facts

Asking Price: $695,000
Annual Revenue: $535,808
Net Profit: $201,981
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $47,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 3
BBN Listing #: 5881630
Broker Reference #: 0101423421

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Business Overview:

This full-service Bicycle store has been successfully serving the region for almost 50 years. The owner has met his objectives in building this store & its wide customer base & is ready to retire and transition to the next generation of management. This store is widely known for its incredible level of customer service & wide array of bicycle brands which include TREK, Eastern, SE, GT, Sun, Fuji and many others. An onsite full service and repair department is fully stocked with parts, supplies and tools which are, of course, included in the sale. This is a mid-range “family store” that offers bicycles for all levels and features BMX, recumbent, trikes, electric and exercise bikes. The sale includes a minimum of $180k in saleable inventory. Revenues are further supported by offering a store full of accessories, bike rentals and lessons. The owner works part time only (3 days a week) and relies on a staff that have been with the store for 15+ years who handle the sales, repairs and general store operation on a day-to-day basis.

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Property Features and Assets:

5,063 Square Feet in retail plaza @ $5,063/month. Lease expiration date: 2/28/33

Market Competition and Expansion:


Reason for Selling:


Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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