NOT DISCLOSED, Minnesota
| Asking Price |
$173,000 |
Year Established |
1975 |
|
| Annual Revenue |
$290,225 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Sunbelt Business Advisors |
|
| Annual Cash Flow |
$36,856 |
Listing Number |
1006003 |
|
| # of Employees |
|
Business Category |
Retail: Non-classifiable |
|
Business Overview:
Established in 1975, this well-known bicycle retailer and service shop has served the Northern Minnesota market for over five decades. Strategically located in a high-visibility area near popular cycling destinations, the business benefits from strong community recognition and a loyal, multi-generational customer base.
Revenue is generated through new and used bicycle sales, professional repair and maintenance services, accessories, and apparel. The service department is a core strength, supported by experienced technicians, specialized tools, and complimentary certified bike fitting. Customers purchasing new bicycles receive a full year of service, reinforcing repeat business and long-term relationships.
The business operates from a 3,750 square foot owner-occupied facility featuring showroom space, service bays, and inventory storage. With real estate available for purchase, seller financing offered, and retirement-driven ownership transition, this represents an excellent opportunity for an owner-operator or cycling enthusiast to continue a respected regional brand.
Interested buyers should have $58,000 in available capital for the down payment.
Listing ID: 58562
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity