Popular Bicycle Shop In Western PW County Virginia

Business Overview:

A rare opportunity to acquire a well-known Northern Virginia Bicycle shop based in western Prince William County. The core area of focus is bicycle sales along with a robust service and repair business. There is a large inventory of major brands including Giant, Specialized, Pivot, Yeti and more!

The business has long been recognized in the Northern Virginia community as one of the areas most trusted sources for all cycling needs. The shop is fully staffed with knowledgeable sales and service technicians. This is a turn key opportunity for any aspiring entrepreneur to take a seat at the table as the new owner of an established bicycle enterprise with over four decades of loyal customers to continue to grow and expand the business.

The total asking price of $272,825 ($120,000 + $152,825 in inventory) is slightly more than the total value of all the assets with FF&E ($70,000) and Inventory ($152,825) being valued at $222,825 so it's like getting the name, reputation, and goodwill of the business for only $64K!

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Property Features and Assets:

The business is ideally located in a rapidly growing part of western Prince William County. Here are the location specs: 4,220 Square Feet Monthly Rent: $7,896

Market Competition and Expansion:

Competition: There is standard competition for the industry and market, but this brand has been established for over forty years so it has cultivated a loyal following over the years. Growth & Expansion: There is room to grow and expand the business.

Reason for Selling:

Owner is retiring.

Additional Details:

Documents:

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