SOLD!

Details

Denver Bike Shop For Sale

Asking Price:
 $1,250,000
Annual Sales:
 $2,270,000
Cash Flow:
 $452,000
Inventory: $250,000
FF&E: Included
Real Estate: $1,825,000
Available Separately
Employees: 1FT Owner
4FT/7PT
Location: Suburban Denver
Reason For Sale: Other Business Interests

 

Business Description

  • Top anchor brand
  • Strong sales & service team
  • Excellent facility / location
  • SBA supported lending
  • Seller relocating, motivated for quick sale!
  • $1,250,000

If you want to own a bike store, you want to own THIS bike store. Why? Because this long-standing institution offers it all. Located in an attractive community north of the city limits of Denver, this business is highly profitable and represents the best of what a bike shop can be. Whether you are already in the Denver metro market, or want to come in from somewhere beyond, this shop is worth taking a good look at.

The business checks all the boxes. It carries strong brands. It has an able team of employees. It has a top notch location and facility. Don’t miss out on this turnkey opportunity to step into a successful operation and carry on the tradition of excellence.

This isn’t a mom and pop store, 2020 revenues were $2,500,000 with a total of about 1,200 bikes sold! 2021 revenues through June are equally strong despite global industry inventory disruption. As supply chains get restored, the future looks bright for continued success as a result of continuing high customer demand and a 5 year growth trend for this business even before the current Covid spike.

Uniquely, the real property is available for purchase in tandem with the business. Buyers who wish to control their future and limit the challenge of escalating rents will find this extremely appealing, although purchase of real estate is fully optional.

There are significant program incentives currently being offered by the SBA that will appreciably lower the cost of acquiring a business.

Contact us today to learn more. The seller is relocating out of state and is prepared to work with fast-moving buyers on crafting the most competitive package possible.

Represented by Don Hobbs. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.