--- title: Bike Shop – Great Location - SOLD - OIB description: Bike shop for sale in Twin Cities Metro Area. Established in 1991, gross sales of $996,736.64, asking price $175,000. SOLD image: https://oibmn.com/hubfs/Peggys%20Listings/Bike%20Listing%202.png --- [![OIB MN Logo](https://oibmn.com/hubfs/New%20Logos/OIB%20Logo%20-%20Default2.svg "OIB MN Logo")](https://oibmn.com/) [![OIB MN Logo](https://oibmn.com/hubfs/New%20Logos/OIB%20Logo%20-%20Default2.svg "OIB MN Logo")](https://oibmn.com/) [![OIB MN Logo](https://oibmn.com/hubfs/New%20Logos/OIB%20Logo%20-%20Default2.svg "OIB MN Logo")](https://oibmn.com/) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. - [Home](https://oibmn.com) - Services - [Buy A Business](https://oibmn.com/buy-a-business) - [Sell A Business](https://oibmn.com/selling-a-business) - [Business Valuation](https://oibmn.com/business-valuations) - Listings - [All Listings](https://oibmn.com/listings) - [Businesses Sold](https://oibmn.com/listings/sold) - [Franchises](https://oibmn.com/listings/franchises) - About - [Our Team](https://oibmn.com/our-team) - [Our Process](https://oibmn.com/our-process) - [Areas We Serve](https://oibmn.com/areas-we-serve) - [Careers](https://oibmn.com/careers/) - Resources - [Blog](https://oibmn.com/blog) - [FAQs](https://oibmn.com/faqs/) - [Reviews](https://oibmn.com/reviews) - [Schedule an Exploratory Call](https://share.hsforms.com/1LAzs4kX8Rmi_frsqQT0_IQebi52) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. # Bike Shop – Great Location - SOLD #### Twin Cities Metro Area $175,000 ![Sold](https://oibmn.com/hubfs/Sold.png) ![Bike Listing 2](https://oibmn.com/hubfs/Peggys%20Listings/Bike%20Listing%202.png) ![Bike Listing 3](https://oibmn.com/hubfs/Peggys%20Listings/Bike%20Listing%203.png) ### Request Information $175,000 Asking Price ps Listing ID# 11/08/2024 Posting Date $996,736.64 Gross Sales $160,000 Cash Flow 3 Employees Listing Agent ## Business This business is a retail shop that sells regular and electric bikes. This shop does 58% in bike sales with maintenance/service about 14% of sales, and parts and accessories make up the remainder of the sales. Maintenance provides a full range that includes services like adjustments, assembly, maintenance, and repair. Accessories sold include bags, gloves, helmets, locks, racks, and tires. The business was established in 1991 by the current owner. The hours of the operation are Monday – Friday 10 am to pm and Saturday 10 am to 6 pm and on Sunday the business is closed. ASKING PRICE: $175,000 REASON FOR SALE: Retirement GROSS SALES: $996,736.64 CASH FLOW: $160,000 FACILITY: The company is located west St Paul area. The facility is 2812 square feet of retail space and 2800 of storage space, in the lower level. The lease expires in 2025, a buyer can extend the term of the lease. The gross lease is $5,185 a month currently. - - - - ![Peggy Scheeler](https://oibmn.com/hubfs/Headshots/Peggy%20Scheeler.png "Peggy Scheeler") Peggy Scheeler Business Broker 612-331-8392 612 331-8392 peggy.scheeler@oibmn.com [View Profile](https://oibmn.com/associates/peggy-scheeler) ### Request Information ![Peggy Scheeler](https://oibmn.com/hubfs/Headshots/Peggy%20Scheeler.png "Peggy Scheeler") Peggy Scheeler, Business Broker 612-331-8392 612 331-8392 peggy.scheeler@oibmn.com [![OIB MN Logo](https://oibmn.com/hubfs/New%20Logos/OIB%20Logo%20-%20Default2.svg "OIB MN Logo")](https://oibmn.com/) Minneapolis Headquarters The Banks Building 615 First Avenue N.E. Suite 195 Minneapolis, MN 55413  Colorado Regional Office 357 McCaslin Blvd., #200 Louisville, CO 80027 Office phone: [612-331-8392](tel:612-331-8392) Fax: 612.331.8778 Email: [info@oibmn.com](mailto:info@oibmn.com) *\*Habla Español\** Quick Links - [Contact Us](https://oibmn.com/contact-us) - [Careers](https://oibmn.com/careers/) - [Locations](https://oibmn.com/areas-we-serve#locations) Associations - American Arbitration Association - International Business Brokers Association (IBBA) - Midwest Business Brokers and Intermediaries (MBBI) ### Subscribe to New Listings © 2026 Opportunities in Business |  [Privacy Policy](https://oibmn.com/privacy-policy/) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Peggy Scheeler", "url" : "https://oibmn.com/listings/author/peggy-scheeler" }, "dateModified" : "2025-10-17T15:46:11.776Z", "datePublished" : "2025-04-07T21:54:46.000Z", "headline" : "Bike Shop – Great Location - SOLD - OIB", "image" : [ "https://oibmn.com/hubfs/Peggys%20Listings/Bike%20Listing%202.png" ], "mainEntityOfPage" : { "@id" : "https://oibmn.com/listings/bike-shop-great-location/", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://oibmn.com/hubfs/New%20Logos/OIB%20Logo%20-%20Default2.svg" }, "name" : "Opportunities in Business" } } ```