NOT DISCLOSED, Washington
| Asking Price |
$650,000 |
Year Established |
|
|
| Annual Revenue |
$2,270,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Erin Ward |
|
| Annual Cash Flow |
$0 |
Listing Number |
1015510 |
|
| # of Employees |
|
Business Category |
Retail: Sporting Goods, Recreation |
|
Business Overview:
Last 3 Months $220 - 290K of Gross Revenue
Owning a bicycle shop presents a premier investment opportunity rooted in a highly passionate, health-conscious community. Bike shops inherently benefit from a dual-revenue model that
combines high-margin retail sales with a steady, recession-resilient service and repair department.
Operating in the Pacific Northwest offers a distinct advantage, as the local culture deeply values outdoor recreation, fitness, and eco-friendly commuting. This established local demand ensures a consistent stream of foot traffic and a loyal customer base right from day one.
This bicycle shop operates from 1422 square feet of retail space. The current
rent is $2607 per month plus $912 in Triple net charges. With over 100,000+ residents in the area served by the business, it commands one of the highest gross incomes, over $200,000, and home prices, over $1 million, in King County. The opportunities to grow the business is unlimited to the right visionary owner.
The seller is the owner and operator of the business. There are 6 seasoned employees, with one manager that is willing to stay on through and beyond the transition.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity