Located in a prestigious, high-income community in the northwest valley of Arizona, this well-established bike shop offers an exceptional opportunity for either a passionate individual bike enthusiast or a multi-store bike shop operator seeking expansion. This bike shop is located at the heart of a community known for its world-class planning and design, attracting a young and affluent demographic. With a median age of only 38 and an average household income of $127,440, the trade area is ideal for cycling customers. The 2,600 square foot retail space boasts a favorable lease and is conveniently located next to a popular gym and restaurant. The shop carries renowned brands like GIANT, Aventon, Kona, and more, while also offering bike repair services and accessories. With no competition in the area, this opportunity holds the promise of immediate success. Whether you're an individual enthusiast or a seasoned operator, this bike shop's prime location, strong demographics, and room for product optimization make it a golden prospect for business growth and prosperity.
- Asking Price:
- $285,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $483,968
- Cash Flow:
- $40,004
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Total monthly rent of $5,068
- Premises Details:
-
This is a leased location of 2,662 square feet with a Total monthly rent of $5,068. Lease ends 07/2026 with one 1-year option. Seller is active with 2FT and 1PT employees. Hours of operation are 10am-6pm Monday-Saturday. $109,967 in inventory and $60,000 in FF&E included in the asking price. $27,000 made in leasehold improvements. Other Assets include Equipment List.
- Size in square feet:
- 2,662
Business Operation
- Reasons for selling:
-
The owners are seeking the right buyer to continue the bike shop's legacy
- Trading hours:
-
10am-6pm Monday-Saturday
- Employees:
- 2FT / 1 PT
- Years established:
- 7
Other Information
- Support & training:
-
2 weeks
- Furniture / Fixtures value:
- $60,000 - included in the asking price
- Inventory / Stock value:
- $109,967 - included in the asking price
