Prestigious Central Valley Bicycle Shop

Central Valley, CA


Asking Price: Annual Revenue:
$659,000 $1,594,256

Retail: Sporting Goods, Recreation


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RE: Prestigious Central Valley Bicycle Shop Broker: Carol Bennett
License #: 01186310
Owner Financing is Available!

Quick Facts

Asking Price: $659,000
Annual Revenue: $1,594,256
Net Profit: Not Disclosed
Cash Flow: $408,787
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 5
BBN Listing #: 335355703
Broker Reference #: BAKERCA001-N951

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Business Overview:

Located in the Central Valley of California, this bike sales and repair shop carries higher-end brands in contrast to its nearby competitors.  The customers are loyal and the location is essential for the traffic it receives.  There are local schools and trails within a block of the store and the owners have a coffee cart for weekend gatherings around the bike trail.  There is potential in the marketing portion of the business since the marketing is basic and brings in those who drive by on its busy street.  IBIS World Industry report in 2020 claims that theses types of dealerships will continue to be in demand for health and environmental awareness.  It has shown to be true during the COVID crisis and the sales increased tremendously from the prior year.

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Property Features and Assets:

Real Estate License ID: 01186310

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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