NOT DISCLOSED, Texas
| Asking Price |
$250,000 |
Year Established |
2002 |
|
| Annual Revenue |
$704,195 |
Reason for Selling |
Retirement and Burnout |
|
| Annual P/L |
$0 |
Attention |
Stephen Lee |
|
| Annual Cash Flow |
$115,404 |
Listing Number |
1009977 |
|
| # of Employees |
3 |
Business Category |
Retail: General Merchandise - Retail |
|
Business Overview:
Bike Shop for Sale! Long-established bicycle shop for sale in Southwest Dallas. The business was founded by the current owner in 2002 and has built a strong reputation over the years. It offers a wide selection of bicycles, including E-bikes, along with accessories and full-service repair work.
The shop is located in a prime area of Southwest Dallas, operating out of a 5,400 sq. ft. leased space in a busy retail strip center. The center includes a mix of retail, restaurant, and service businesses and is anchored by a national chain supermarket, bringing consistent foot traffic and visibility to the location.
The business serves a diverse customer base with disposable income, including hobbyists, serious cyclists, and beginners. It primarily draws customers from the South Dallas area and holds a strong position in the local market. There are no direct independent competitors nearby, and the business stands out from larger corporate stores by offering higher-quality bikes, competitive pricing, and personalized customer service.
Marketing efforts currently include a website, active social media presence, and email campaigns. There is clear opportunity for growth through expanded marketing and by increasing inventory to include a broader range of bicycle options.
The owner is actively involved in daily operations as a full-time service technician and front desk manager. With plans to retire, the owner is seeking a qualified buyer to take over. This is a solid opportunity to acquire a well-established, profitable bicycle shop with strong fundamentals and room to grow under new ownership.
Property Features and Assets:
<p>The Southwest Dallas location is prime, occupying a 5,400 sq. ft. leased space along a bustling retail strip center. The retail center contains various other retail, restaurants, and service businesses. The anchor tenant is a national chain supermarket which helps attract a steady flow of foot traffic to the immediate area. / Inventory: $250,000 (Not Included in listed price).<br></p>
Market Competition and Expansion:
<p>Competition: There are no direct independent competitors, only corporately owned stores that offer poor quality bikes. This business stands apart from competitors through quality bikes, better prices, and personalized services. / Growth and Expansion: There is room for growth that could be achieved with more marketing and expanding the inventory offerings to include more bike options.<br><br><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