Independent S. California Bike Shop with Loyal Customer Base
| Asking Price: | $250,000 |
| Inventory: | $150,000 |
| Established Year: | 1982 |
| Cash Flow: | $120,000 |
| Rent: | $6,000/Month |
Step into ownership of a well-established independent bike shop with a proud long year history serving the local community. They serve two markets: one part of business is the traditional bike shop, selling bikes and accessories to the local cycling community, including repair and service. Given their proximity to the beach and main city area, they also operate a robust tourist bike rental business, the other market, which has a seasonal emphasis. This bike shop is more than just a retail space—it’s a one-stop destination for all things cycling.
If it has pedals, they can sell and/or service it. Their highly skilled and certified mechanics (both bike and e-bike) are among the best in the business, known for their speed and efficiency. The shop maintains a fully stocked inventory with a variety of parts and accessories, so if it can be bolted or connected to a bike, they probably stock it! The facility features three professional bike lifts, to ensure effortless and efficient work on all types of bikes, trikes, tandems, and electric bikes. The team is also skilled in bike assembly, with a particular focus on electric bikes, which is a huge growth space and now accounts for about 35% of all bike sales and service. Thanks to strong relationships with top industry suppliers the shop can quickly source any items needed.
The seller has owned the business for over 40 years, and has built a loyal customer base and a stellar reputation for quality service and expertise. However, it is time for the owner to retire and is seeking a capable successor to continue the shop's legacy. This is an incredible opportunity to take over a well-established, profitable bike shop, either to run as-is or as a foundation to grow. To capitalize on growth opportunities, the new owner could introduce private guided tours tailored for corporate groups, expand its offerings by partnering with hotels, and develop an onsite and road service program to cater to cyclists' needs wherever they are.
Whether you're an industry professional looking to go independent or a existing owner looking to grow through acquisition, this business presents a fantastic opportunity. Don’t miss out on securing this established and well-regarded bike shop, reach out to the Agent today!
