Highly Profitable Bicycle Business in Colorado Metro Area/Front Range

Colorado
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Asking Price:$2,795,000
Gross Revenue:$4,400,000
EBITDA:$480,000
Cash Flow:$500,000
Inventory:$1,600,000
FF&E:$50,000
BUSINESS DESCRIPTION

This high performing bicycle retailer rewards your love for the outdoors with a career surrounded by enthusiastic employees & customers! Company has well-trained professionals including sales, service, and operations. Well established in their market, with longstanding repeat clientele. This business has an excellent position within a very strong market, is professionally branded, and recognized as a top industry performer. More than a bicycle shop, this is a professionally managed lifestyle business. Company has excellent vendor lines and metrics atop their peers! Purchase includes all fixtures, tools, computerized systems, professionally prepared financials, and $2M of retail inventory and supplies (valued at cost). The Lease is active to 2026 and market competitive, with Options to extend 5-10 years. Very strong employee team is professionally trained, with extensive industry experience. This is a great business for a new industry entrant, or experienced marketing or finance professional transitioning to self-employment. Interested Buyers should love bicycles and people!


DETAILED INFORMATION
Location
Colorado
Inventory
Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Large retail storefront with excellent visibility and parking resources. Business is well signed in busy corridor, central within the metro area's large and growing community. Excellent cycling infrastructure supporting cycling enthusiasts of all types: family, mountain, road, gravel, transportation. This business is a leader in the retail and services serving the cycling community.
Competition
Market is mature and growing. This store differentiates itself from competitors with their attention to detail, product knowledge, mature employee team alongside an excellent product selection.
Growth & Expansion
Growth opportunities are address in the business write-up. Multiple channels for growth. This business has an excellent history of profitability. It thrived during the Covid Boom and remains very healthy today with strong and visible earnings. SBA financeable.
Financing
Seller will participate with a seller carry of approximately 10%, alongside Buyer dow
Support & Training
Approximately 150 hours training included, negotiable. Seller will sign a Non-Compete. Seller is active in the business alongside a mature management, service and sales team.
Reason for Selling
Retirement
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Thom
Beckett
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Thom Beckett