Bicycle Repair Shop

Irvine, CA (Orange County) (Relocatable)

Seller Financing Available
Bicycle Repair Shop
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Asking Price: $50,000

Cash Flow: $50,000

Gross Revenue: $100,000

EBITDA: N/A

FF&E: $0

Inventory: $10,000*

Rent: $500 per Month

Established: 2019

*not included in asking price.

Bicycle Repair Shop

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Business Description

This bike shop is a full service bicycle repair shop. They repair everything: road bikes, touring bikes, mountain bikes, and electric bikes. Located near a major University, and is frequented by students for bicycle repair. The center is located in a very busy intersection, and features a massively popular food court catering to nearby upscale business clientele, great foot traffic, and high visibility from the road.

The space is located in the warehouse of the a retail shop: you get the visibility and traffic of a Class A center without paying Class A rent. There is a POS system for check-in (running Lightspeed), a mechanic's workbench loaded with tools, a bike stand for mounted repairs, and storage for parts and accessories. A large rollup door opens to the back parking lot, where customers park and walk their bikes in. There is ample floor space to store bikes awaiting service or pickup. There are two bathrooms, which is handy when starting group rides.

One of the partners (also the head mechanic) is moving to the Inland Empire, so they’ve decided to sell the business. It is a fantastic opportunity for an entrepreneurial minded mechanic to become an owner of an established store with room for growth. There are many ways for an active owner to boost business. Market directly to University students, who commute across their bike-friendly campus. Get involved in the OC bike community: organize group rides, sponsor bike clubs, and offer free basic maintenance and flat repair clinics. Current ownership doesn’t actively market or advertise, so these can make a huge impact on revenue.

This great bicycle is an opportunity for earning potential limited only by your skills and efforts ... much greater potential than working as a mechanic in somebody else's shop. The business is time-honored, positively impacted by COVID, and doesn't face technological obsolescence. Don’t hesitate, reach out to the Agent today.

Detailed Information

Location:
Irvine, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
500
Lease Expiration:
2/28/2022
Employees:
1
Reason for Selling:
Operating Partner Moved out of the area
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(from currently available funds)
 
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William Go

Business Listed By:
William Go

BottomLine Business Brokers


Sponsoring Broker:
Bill Corley - BottomLine Business Brokers

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Ad#:1843847

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