Established bicycle retail and repair business located in the North Glendale area. This full-service bike shop is a great opportunity for the bike enthusiasts. The shop operates from an approximately 1,800 square foot retail location in an established shopping center. The business has a long-standing presence at this location. Current lease runs through March 2027. The business benefits from multiple revenue streams, including bicycle sales, accessories, repair/service work, and e-bike-related opportunities. A new owner could potentially grow the business through expanded digital marketing, increased service department promotion, e-bike sales and service, community rides/events, and stronger online inventory promotion.
- Asking Price:
- $240,000 Furniture / Fixtures included
- Sales Revenue:
- $619,000
- Cash Flow:
- $98,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends March 2027
- Leasehold Rent:
-
$5,180 per annum
- Size in square feet:
- 1,800
Business Operation
- Reasons for selling:
-
Retirement
- Years established:
- 2006
Other Information
- Support & training:
-
2 weeks
- Furniture / Fixtures value:
- $25,000 - included in the asking price
