Go Back
Report Abuse
bike

Established Bicycle Retail & Service Shop: Open 50+ Years

$512,950.00

Description

Listing Number: 2130

This bike shop has been serving the Chattanooga area for over 50 years, earning a reputation as one of the region's most trusted and respected names in cycling. Located in one of America's top outdoor recreation destinations, the business benefits from a steady flow local riders, tourists, and outdoor enthusiasts drawn to the city's nationally recognized trail systems and cycling community.
The shop offers a full range of bicycle products and services. It has a loyal customer base built over decades of exceptional service and community involvement. Currently owner-operated, the business is efficiently organized with systems and staff already in place, making it well-positioned to transition into a semi-absentee or fully managed operation. This could be your chance to own a profitable bike shop in one of the top rated destinations for outdoor enthusiasts.

Tag

Learn More

Asking  Price: 
$512,950

Gross  Revenue: 
$1,326,041

Adjusted Net Income: 
$193,573

General Info:

  • Asking Price: $512,950
  • Gross Revenue: $1,326,041
  • Total Adjusted Net Income: $193,573
  • Equipment / Fixtures: $50,000
  • Non-Included Inventory Amount: $380,000
  • Year Established: 1957
  • General Location: Chattanooga Metro Area

Lease Info:

  • Square Feet: 7,750
  • Total Rent: $6,000
  • Lease Expiration: December 31, 2029
  • Lease Options: 2 5-Year option
 
 

Additional Information:

  • Full-Time Employees: 4
  • Part-Time Employees: 2 Seasonal
  • Training Period: Up to 3 months
  • Reason for Selling: Retirement
 
 

Wesley Hill

For more information on this business contact Wesley:

Office: (615)-850-4410
Cell: (931)-349-0173
Email: wesley@nashbb.com

Looking to Sell?

Nashville Business Brokerage is here to guide you through a seamless and rewarding selling process. Our team of experienced professionals is dedicated to maximizing the value of your business and ensuring a smooth transition. Take the first step toward a successful business sale by scheduling a consultation today.

Contact us now to get started.