CHATTANOOGA, Tennessee
| Asking Price |
$330,000 |
Year Established |
2021 |
|
| Annual Revenue |
$415,936 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$164,672 |
Attention |
Wesley Hill |
|
| Annual Cash Flow |
$0 |
Listing Number |
1008891 |
|
| # of Employees |
4 |
Business Category |
Recreation: Outdoor |
|
Business Overview:
This is a great opportunity to acquire a well-established specialty retailer in one of the fastest-growing segments of the outdoor recreation industry. The business offers premium electric bicycles, rental services, accessories, and maintenance all under one roof.
Located in a high-traffic market with strong tourism and a loyal local customer base, the operations are steady with trained staff and established supplier relationships. This is a great opportunity for an outdoor enthusiast looking for a career change, or a bike shop looking for strategic expansion.
Property Features and Assets:
<p>Non-Included Inventory: $73,000</p><p>Lease Info:</p><ul><li>Square Feet: 3,750</li><li>Total Monthly Rent: $5,500</li><li>Lease Expiration: Real Estate is owned by Seller</li><li>Lease Options: 2 (5-Year Option)</li></ul><div> </div>
Market Competition and Expansion:
<p>While multiple competitors operate in the area, this business has differentiated itself through a loyal customer base and a carefully curated product selection that keeps buyers coming back.<br></p><p>A new owner has multiple clear paths to grow revenue beyond current levels, with opportunities on both the sales and service side of the business.<br></p>
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