Specialty Bike Shop In Northern Colorado #1474

Details

Mountain Bike Shop For Sale

Asking Price:
$50,000
Annual Sales:
$750,000
Cash Flow:
$130,000
Inventory: $140,000**
FF&E: $115,000*
Real Estate: N/A
Employees: 2-4 FTE
Location: Northern Colorado
Reason For Sale: Retirement
** Not Included * Included

 

Business Description

This specialty-shop rewards your love for cycling with a career surrounded by top industry vendors, customers & employees that LOVE BIKES! Few careers offer this fulfillment and opportunity; surround yourself with products and people that love to ride and look to you for leadership. This business has an excellent position within a strong & growing regional market (estimated at over $30MM in cycling revenues). Business has a long-standing history, and is very well positioned for growth. Shop stands above local competition with their facility, history and vendors. Business has A-list products, certifications, and metrics at the top of the industry! Includes computerized systems, professionally prepared financials, regular improvements. The Lease is active to 2027 and very market competitive; Options for extension or real-estate purchase. Very strong employee team is professionally trained, with extensive industry experience. This is a great business for a new industry entrant, or experienced industry professional transitioning to self-employment. Interested Buyers must love bikes and people!

This shop serves new and experienced cyclists (multi-disciplines) via retail, rental, and repair services. Business has a high visibility location, plentiful parking, and ease of access. Owner and staff manage day-to-day operations. Regional market was impacted by weather events in 2013 & 2016, positioned well for future growth. Strong mix of assets include significant improvements, equipment & tools. Qualified Buyer brings 25-100% of acquisition funds; SBA and Seller may assist with financing. Owner will assist in training/familiarization & transfer of vendor relationships.

This business is well positioned for 2017! This shop & community are expanding infrastructure & resources!

Represented by Thom Beckett. 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.

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