Moab Cyclery Rental and Retail Bicycle Shop
| Asking Price: | $700,000 |
| Gross Revenue: | $1,100,000 |
| FF&E: | $25,000 |
| Established Year: | 1978 |
| Cash Flow: | $80,000 |
| Inventory: | $500,000 |
| Real Estate: | $2,000,000 |
Premium Bike Rental/Sales/Service Business in a Great Location
This multi-faceted bike shop was established in 1985. Revenue is generated from mountain bike rentals, retail sales, service or repair, and trail shuttle service. This premier shop is a certified Specialized Brand mountain bike dealer. Specialized is known as one of the top brands in the industry. The most significant portion of revenue is generated from mountain bike rentals, and retail goods.
The Seller is absentee. The shop is managed by a General Manager who has been with the business for 4 years, and an assistant manager who has 8 years of service.
Moab, Utah besides being known as a premier tourism and recreation based economy has become known as possibly the best overall mountain biking area around. Business comes from as far as Denver to the east and Salt Lake City to the west. During peak mountain biking season many from around the globe visit Moab.
The business closes during December and January.
This is an excellent opportunity to step in as an owner/operator, semi-absentee, or absentee owner. Cash flow could increase significantly with an owner /operator.
The property is for sale.
