Established Bike Shop in great town

Combine your passion for cycling and your desire to run your own successful business. Live the dream: Sales, service and rentals of premium cycling brands. Profitable, established, boutique Bike Shop located in Northern Bay Area, California: this business offers a superb selection of products and services for all bicycle enthusiasts. This shop has a successful sales history of mountain bikes, gravel bikes, electric bikes, modern components, parts, and accessories. In addition, we have expert repair services and tools for all types of bicycles, and a thriving bicycle rental program as well. $199,000 premium inventory not included in asking price. Key Investment Considerations: • Turnkey operation • 5-star reviews • Prime location • Great name recognition • Operating successfully for over 12 years • Significant growth potential in a thriving market • 2 weeks transitional training offered at no additional cost This opportunity is perfect for a lifestyle owner operator or investor who is looking to live the California dream while being your own boss and an essential part of a great community. The bike industry is currently enjoying healthy profits. Owning a bike store allows the owner to travel to trade shows, races, events and other locations in exciting towns and cities to meet, review and test bicycles and products. It has been 12 years of fun, but the current owner is retiring. Location: Marin County, California Year Established: 2009 Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 1,800 Rent: $4,100.00 Per Month Facilities: $22,000 in fixtures, furnishings and equipment, a well equipped service center, a bicycle industry specific Lightspeed POS system, all computers, top end surveillance and security systems, all supplies, tools, and fixtures included in asking price. Market Outlook/ Competition: This is the perfect time to purchase this extremely popular and busy bike shop in the busy area of an affluent city in a busy cycling friendly county. Located on a well used bike path, it has a very clean, modern and very inviting showroom that gets a lot of traffic all year round. This is a turn-key opportunity: all the hard work of establishing a great storefront, a loyal and growing clientele, and a top-notch reputation for providing great service and support has been completed for the new owner. 5-star reviews from the community. Growth & Expansion: POTENTIAL There are numerous opportunities for growth. Some examples include greater utilization of the store’s patio, turning the shop into a larger local gathering spot for cyclists which would open up numerous opportunities for ancillary revenue. The addition of a mobile or fixed snack and coffee bar would attract customers, generate revenues, and exploit currently underutilized space.