Established Bike Shop with Loyal Customer Base and Growth Potential

King County, WA
listing image
Asking Price:$218,500
Inventory:$194,000
Established Year:2018
Gross Revenue:$619,830
FF&E:$35,000
BUSINESS DESCRIPTION

motivated sellers!

Iconic Bike Shop

Seattle is becoming increasingly bike-friendly. There’s no doubt about it. If you have driven through downtown Seattle, you may have seen the swarms of bicyclists or experienced the frustration of having to give way to them. According to Momentum, Seattle is #2 on the most bicycle-friendly cities in the United States. Many other sources will agree. With initiatives like the Seattle Bicycle Master Plan geared toward building more infrastructure and improving safety for bikes, any business catering to bicycles would be selling shovels in a gold rush! Be ahead of the trend and become the new owner of this iconic neighborhood bike shop located in North Seattle.

This beloved neighborhood bicycle shop has been a fixture in the Seattle community for 16 years, providing high-quality bikes, parts, accessories, and expert repair services to local cycling enthusiasts. Positioned in one of Seattle's most bike-friendly neighborhoods, this business is well-known for its exceptional customer service, knowledgeable staff, and strong relationships with loyal clients. As Seattle continues to embrace its status as one of the top cycling cities in the U.S., this shop is perfectly positioned to benefit from the ongoing growth of the cycling market.

Key Highlights:

Proven Track Record: 16 years of successful operations with a solid reputation for quality products and services.

Prime Location: Situated in a highly sought-after area of Seattle with strong foot traffic and visibility, catering to both avid cyclists and newcomers to the sport, of all ages.

Inventory & Equipment: The business is priced below the value of its current inventory and FF&E (Furniture, Fixtures, and Equipment), making it an exceptional opportunity for an aspiring entrepreneur or cycling enthusiast.

Turnkey Operation: The sale includes everything needed to continue operations, including a wide range of bicycles (from entry-level to high-end), parts, accessories, tools, and established vendor relationships.

Growth Potential: With Seattle’s growing cycling infrastructure and demand for eco-friendly transportation, the business has substantial room for growth through expanded services, online sales, or community events.

Reason for Sale:
The current owners, who are retiring after many successful years in business, are ready to pass on this thriving operation to a passionate new owner who shares their love for cycling and community engagement.

Why This is a Great Opportunity:
This is a rare chance to own a long-established, well-loved local business in a thriving, bike-friendly city. Whether you’re a cycling enthusiast looking to make your mark in the bike industry or someone seeking a community-oriented retail business with significant growth potential, this opportunity offers the perfect platform for success.

Don’t miss out on the chance to take over a trusted name in the Seattle cycling scene—priced below the value of assets for a quick sale!


DETAILED INFORMATION
Location
King County, WA
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
Retiring
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Josh Woo