Long established, Manager-run E-bike & Full-Service Bicycle Shop - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🚲
Manager-Run Bicycle and E-Bike Shop in Colorado Springs, CO
Colorado Springs, CO, US
Added 1 month ago
Bicycle and E-bike Retail and Service Shop
53 years in business
Absentee / Semi-AbsenteeRetiring Owner
Manager-run bicycle and e-bike retail and repair shop in Colorado Springs, CO, operating for over 50 years and offering sales, rentals, and service of bikes and related equipment.
Key Information
Asking
$329K
Revenue
$999K
Earnings
$131K
Multiple
2.5x
Key Highlights
- Business has been established for 53 years.
- Located in Colorado Springs, CO.
- Business is manager-run; owners spend approximately 19 combined hours per week on limited duties.
- Includes business name, goodwill, furniture, fixtures, repair tools and equipment, computers, displays, website and domain, telephone number, social-media accounts, Google Business Profile, email list, customer database, and POS records dating to 2008.
- Premises are approximately 5,072 square feet with three repair workstations and two customer-service counters.
- A new five-year lease with a five-year renewal option will be offered at closing.
- Experienced manager (six years) and mechanic (over 25 years) are part of the staff and the manager is expected to remain post-sale.
- Seller financing may be available to a qualified buyer.
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence