Business For Sale

Profitable Portland Neighborhood Bike Shop

Not Disclosed, OR
Multnomah County

Asking Price: Annual Revenue:
$136,600 $375,348

Recreation: Gyms, Health & Fitness, Sports

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RE: Profitable Portland Neighborhood Bike Shop Broker: Daren Bucklin
License #: 201220285

Quick Facts

Asking Price: $136,600
Annual Revenue: $375,348
Net Profit: Not Disclosed
Cash Flow: $67,879
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 5
BBN Listing #: 81452348
Broker Reference #: 59071-84725

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Business Overview:

This shop features a spacious (3,500 square feet), attractive showroom and carries multiple brands of bikes, bike accessories, parts, tools and supplies. Knowledgeable sales staff. Qualified, trained mechanics provide quality bike repair and routine maintenance services. This shop has excellent reviews and prides itself in delivering outstanding customer service. Additional 500 Square Feet of office space available to sublease with current renters provides additional monthly revenue.

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Property Features and Assets:

In business over 7 years, this shop has developed excellent and unique vendor relationships, a solid repeat customer base, skilled, knowledgeable employees and valuable bike mechanics. Owner has poised this profitable business for the right buyer to advance it to the next level of growth and profitability. Owner selling to move and pursue other interests with family.

Market Competition and Expansion:

This shop has all the required elements of success. Excellent location, multiple product lines, willingness to find and order the customer anything they are looking for, knowledgeable, skilled staff, skilled bike repair and maintenance services and a high level of customer engagement and individualized service. Showing Comments Schedule appointment after business hours with Broker Potential Growth With over 45 million cyclists today, the bicycle is tied to health, vitality, fun and exercise plus it remains the least expensive transportation choice available and it’s use contributes to the environment. The level of innovation and diversity has never been higher in “dealer quality” bicycle products and an opportunity exists to expand an on-line presence for both products and service. This is an excellent opportunity for the bike enthusiast and business entrepreneur.

Reason for Selling:

Other interests.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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