|Reason For Sale:||Retirement|
|** Not Included||* Included|
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!