Retail Bicycle Shop – With Real Estate – SOLD

This business is a retail bicycle and bicycle maintenance shop which sells and repairs products, like Trek, Schwinn and many other brands. Provides a full range of bicycle maintenance that includes services like adjustments, assembly, maintenance, and repair. Sales include a wide range of type of bikes, including Terrain bikes, comfort bikes, hybrid bikes, mountain bikes, racing bikes, and kids’ bikes. Prime season is March through August.

Accessories sold include, bags, gloves, helmets, locks, racks clothing and tires.

Another profit center of the business is skate sharpening for figure and hockey skates. With hockey sticks and hockey accessories, this helps with the seasonality of bicycle sales

Business was established in 1987 by the current owner. Hours of the operation are Monday – Friday 9 am to 8 pm and Saturday 9 am to 5 pm and Sunday 12 to 4 pm.

SBA Approved, $35K down buys the real estate and the business, to a qualified buyer

Sales in March were up 50%, this is an essential business

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Peggy Scheeler

About Peggy Scheeler

Peggy Scheeler has been with Opportunities in Business for 30 years and has sold more than 450 businesses in all industries. She represents each and every client with honesty and integrity, and she uses her experience and expertise to confidently guide her clients through the process. As a result, she has built an impressive network of satisfied clients representing a myriad of industries who happily refer her to people they know who are looking to buy or sell a business. And, after more than 30 years as a business broker, Peggy is as excited as ever about her career. She looks forward to continuing to establish relationships with buyers, sellers and financing organizations, and to represent buyers and sellers who are looking to purchase or sell a business. Peggy resides in Maple Grove with her husband and has two children, Jayden and Lauren. When she is not working, she enjoys spending time with family and friends, golfing and boating.

Contact the listing agent to learn more.