Basic Information

Asking Price: $2,350,000

SDE: $719,200

EBITDA: $719,200

Industry: - Sporting Goods; Hobby; Musical Instrument; and Book Stores

Gross Revenue: $4,774,046

Location: Denver Metro Area, Colorado

Business Description

This bicycle shop has become a leading retailer in one of the United States’ top cycling markets, catering to a wide customer base with a diverse selection of traditional and electric bicycles, components, tires, and accessories. With a strong emphasis on customer service, community engagement, and a deep product inventory, this business stands out in the competitive Denver Metropolitan area. The operation is supported by an experienced management team and a strong e-commerce platform, contributing to a significant revenue stream. The ideal buyer will be passionate about cycling, community involvement, and have a knack for managing a high-performing team. This is a turnkey opportunity with the current owner committed to ensuring a smooth transition to new ownership, including extensive training and non-compete agreements.

Detailed Information

Internal ID: 1161

Employees: Full Time Employees 8, Part Time Employees 6

FFE Included: No

Inventory: $1,550,000

Inventory Included: No

Real Estate Included: No

Tombstone:

Year Established:

Additional Information

Reason for Selling:

The current owner is looking toward retirement but remains passionate about the industry. They plan to provide a comprehensive training program to the new owner and establish a non-compete agreement to ensure the continued success of the business within the Denver Metro area.

Facilities & Assets:

The business operates from a strategically located retail space, ensuring high visibility and traffic. This leased facility includes ample customer parking and has been optimized for both in-store and online sales operations. The current lease will include options for extension, ensuring long-term stability for the new owner.

Growth & Expansion:

Potential for growth and expansion includes further development of the e-commerce presence, capitalizing on the 10% revenue it currently generates, and exploring additional revenue streams such as seasonal rentals and used bike sales. Expanding the service and repair offerings could also attract a larger client base. The Denver area’s population growth and high cycling participation rate offer a fertile ground for establishing additional locations or expanding the current product line to meet untapped market needs. Colorado is offering a statewide credit at the time of purchase up to $450 (until 2032!).

Support & Training: