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  • RE:  Iconic Bike Shop - Wilson NC
  • Contact:  Tommy Alligood
Owner Financing is Available!
Owner Financing Interest: 6% Owner Financing Terms Months: 60

Quick Facts

Asking Price: $199,500
Annual Revenue: $350,984
Net Profit: Not Disclosed
Cash Flow: $114,425
Total Debt: Not Disclosed
FF&E: $35,100
Real Estate: Not Disclosed
Year Established: 1980
Employees: 3
BBN Listing #: 368358201
Broker Reference #: 13485-640600

Email or Print Listing

Business Overview:

**Exciting Opportunity: Own an Iconic Bicycle Shop with Profitable Locksmith Service** Discover a remarkable chance to acquire a renowned Bicycle Shop that has become a cornerstone of the community. As the current owner retires, the torch is being passed to someone who can carry forward the tradition of exceptional service. The retiring owner is committed to facilitating a smooth transition through training and guidance. **Key Features:** TREK premium brand dealer ! - **Location:** Wilson, NC - **Established:** Over 40 years of successful operation - **Clientele:** Extensive and loyal - **Seller Financing:** Available for qualified buyers **Thriving Business:** This opportunity extends beyond a mere Bicycle Shop – it's also a prosperous Locksmith Service. Located in Wilson, NC, the business has thrived for decades, drawing upon its reputation and strong customer base. **Your Path to Success:** No prior experience in the bike shop industry? No problem. If you possess a passion for customer satisfaction and enjoy hands-on tinkering, you have what it takes to succeed. The current owner is prepared to impart the necessary skills during the transition period. **Unique Selling Points:** - Rare chance to own an established business with significant growth potential - 

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Property Features and Assets:

-Real Estate Available For Purchase-

Real Estate Asking Price: $225,000.00

Monthly Rent: $2,500.00

Square Units (Foot, Meter): 2,500

Terms Options: Seller to Sign New Lease

Facilities: Great location and in good condition

FF&E Overview: Computers, key machines, bike racks, safe, Dewalt tools

FF&E General Condition: Very Good and Well Maintained

Market Competition and Expansion:

Competition: Only Bike shop in town! Many referrals from surrounding shops due to the excellent service provided.


Ideas that come to mind immediately include:

• Embracing social media / Internet marketing

• E-Commerce and E-Bikes

• Locksmith Service

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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