Savannah Bike Shop
Asking Price: | $625,000 |
Established Year: | 2016 |
Thriving Savannah Bicycle Business for Sale
SUMMARY
• Established Savannah bicycle store for sale, offering retail sales, rentals, and guided tours
• Attractive corner location in newer, mixed-use building with high foot traffic
• Strong brand reputation, loyal customer base, and proven business model
• Diversified revenue streams, including retail sales, rentals, and guided tours
• $80,000 in state-of-the-art equipment and inventory, $50,000 in FF&E
• Strong cash flow of $180,000
• Growing demand for bicycles and related services in Savannah's historic district
• Perfectly positioned to capitalize on Savannah's booming tourism industry and bike-friendly infrastructure
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Thriving Savannah Bicycle Business for Sale: Fun and Profitable Opportunity!
Listing Price: $625,000
Location: Attractive corner location on main thoroughfare, Savannah, GA
Industry: Retail & Services
Total Sales: $585,000
Cash Flow: $180,000
Are you in search of a vibrant, successful business in the bustling city of Savannah, GA? This eclectic bicycle store, strategically located on a prime thoroughfare, is now available for purchase. Offering retail sales, rentals, and guided tours, this business is a fantastic opportunity for an entrepreneur with a penchant for cycling and a flair for customer service.
About the Business:
Established in the heart of Savannah's historic district, this bicycle store caters to both tourists and locals alike. The diverse mix of revenue streams ensures steady cash flow, with strong sales in each segment.
Key Features:
• Prime location in a newer, mixed-use building with high foot traffic
• Well-renowned brand with a loyal customer base
• Top-notch equipment and inventory (valued at $80,000)
• State-of-the-art Fixture, Furniture, and Equipment (FF&E) (valued at $50,000)
• Strong cash flow of $180,000
Savannah's Thriving Tourism and Cycling Culture:
Savannah's historic district is a magnet for tourists, with over 14 million visitors annually. The city's bike-friendly infrastructure, coupled with its focus on sustainability and eco-friendly transport, fosters a thriving cycling culture.
Guided Tours with Historical Appeal:
The store's guided tours showcase Savannah's rich history and landmarks. Passionate, knowledgeable guides share historical highlights and recommendations for local eateries and entertainment.
Flexible Rental Options:
The rental fleet includes a variety of high-quality bikes suitable for all ages and skill levels. Customers can rent bikes for a single day or multiple days, with everything they need—including locks, maps, lights, and helmets—provided by the store.
Historic Bike Tour + Keep Your Bike Afterwards Package:
This popular package lets customers explore Savannah's historic district with a knowledgeable guide before keeping their bike for further exploration. This offering sets the store apart from competitors and provides customers with a memorable experience.
A Proven Business Model with Multiple Revenue Streams:
The retail sales segment includes a mix of bicycles, accessories, and apparel. The rental and guided tour segments cater to tourists and locals looking for active, engaging ways to explore Savannah. This diverse product and service offering creates a robust revenue stream that can be optimized for even greater profitability.
Opportunities for Growth and Expansion:
With a well-established brand and strong online presence, this business is poised for continued growth. Opportunities include:
• Launching marketing campaigns to target new demographics
• Expanding product lines to cater to specific customer needs
• Offering custom-designed tours and special events
• Capitalizing on the growing bike-tourism market with targeted promotions
Why This Business is the Perfect Fit for You:
If you're passionate about cycling, customer service, and entrepreneurship, this business is the perfect fit for you.
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