Specialty Bike Shop in Denver Metro – Excellent Brand & Bike Mix! #1473

Details

Specialty Bike Shop

Asking Price:
$519,000
Annual Sales:
$845,000
Cash Flow:
$125,000
Inventory: $150,000*
FF&E: $50,000*
Real Estate: N/A
Employees: 1 FT Owner
4 FTE
Location: Colorado
Reason For Sale: Retirement
*Included ** Not Included

 

Business Description

This business rewards your love for bikes with a career surrounded by top industry vendors, customers & employees that LOVE BIKES TOO! 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 very strong market (estimated at over $50M in regional revenues), is very well branded, and recognized as a top industry performer. No vanilla strip-mall resemblance, this shop legitimately represents bikes to all who love them. Business has excellent vendor lines, certifications, and metrics at the top of their peers! Includes computerized systems and well organized financials. The Lease is active to 2027 and is very market competitive, with options for extension or real estate purchase. Very strong employee team that 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. Applicants must love bikes and people!

This shop serves new and experienced cyclists (multi-disciplines) via retail, demo, professional services, and specialty events. Well marketed with an active/current database, print & web promotions, and professional operational systems. Owner and staff manage day-to-day controls. Market and business are performing well in 2016/2017. Strong mix of assets included (FFE/Trailer). Qualified Buyer brings 25-100% of acquisition; SBA and Seller may assist with financing. Owner will assist in training/familiarization & transfer of vendor relationships.

This business is showing strong growth in 2017! Vendor Relationships are very strong/healthy!

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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