Online auction: July 26-28, 2021
- Visible location at signalized intersection
- Rare investment opportunity in the market
$2,500,000 starting bid
Online auction: July 26-28, 2021
$2,500,000 starting bid
Starting bid: $2,500,000Auction
REAL ESTATE INCLUDEDRegister to bid
Upscale Bike Shop located in Northern California’s Bay Area: this business offers a superb selection of products and services for the bicycle enthusiasts. This shop has a successful sales history of mountain bikes, gravel bikes, electric bikes, modern components, parts, and accessories. In addition, we have expert repair services and tools for all types of bicycles, and a thriving bicycle rental program as well. This is the perfect time to purchase this extremely popular and busy bike shop in the busy area of an affluent city in a busy cycling friendly county. Located directly on a well used bike path, it has a very clean, modern and very inviting showroom that gets a lot of traffic all year round. Sales have increased substantially in the last year. This is a turn-key opportunity: all the hard work of establishing a great storefront, a loyal and growing clientele, and a top-notch reputation for providing great service and support has been completed for the new owner. 5-star reviews from the community. It has been 12 years of fun, but the current owner is retiring, too much business to handle for one. PRICE INCLUDES: all fixtures, furnishings and equipment valued at $50,000, includes a well equipped service center, a bicycle industry specific POS system, all computers, security systems, all supplies, tools, and fixtures. $125k premium inventory included in asking price. POTENTIAL There are numerous opportunities for growth. Some examples include greater utilization of the store’s patio, turning the shop into a local gathering spot for cyclists which would open up numerous opportunities for ancillary revenue. The addition of a mobile or fixed snack and coffee bar would attract customers, generate revenues, and exploit currently underutilized space. A new owner could also purchase a transit van set up as a mobile service workstation. Seller is willing to provide support and training to the buyer. Key Investment Considerations: • Turnkey operation • 5-star reviews for service • Great location • Great name recognition • Operating successfully for over 10 years • Significant growth potential with increased marketing • 2 weeks transitional training offered at no additional cost This opportunity is perfect for a lifestyle owner operator who is looking to live the California dream while being your own boss and an essential part of a great community. This shop is currently enjoying healthy profits, operating with a more robust p&a inventory, utilizing OEM bike brand’s pre-sale and their web drop-shipping rather than stocking a large inventory. Lightspeed Point of Sale system is used as well as website and online ordering. Owning a bike store allows the owner to travel to trade shows, races, events and other locations in exciting towns and cities to meet, review and test bicycles and products. Combine your passion for cycling and your desire to run your own successful business.
$690,000 - California
Ventura County, CA
We're looking for a buyer and/or partner(s) to take THE HUB Bike Shop to the next level. After 2 years of building a solid foundation, we're looking for someone who shares our passion for our cycling community, is committed to an unparalleled customer experience and wants to promote the joy of riding a bike. Contact us if you’re looking for a new adventure.
$375,000 - Ventura County, CA
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.
Cash Flow: $50,000
This company has been selling on eBay since 2003. They specialize in Motorcycles, UTV, and ATV accessories. Their motto is "in the dirt we trust" and have a great selection of American Made products from FMF, Pro Moto Billet, Pro Circuit, Dirt Tricks, and Ride Engineering. Good opportunity to purchase an online retail motorcycle business. Can be home-based or relocated to any location. Large inventory ($40K +) included with the sale. Would appeal to a motor Cyclist / Cross Country Rider who could optimize the business accordingly and expand with the use of social media. Or to a Motor Cycle Dealership that wants to improve or grow its online presence.
Cash Flow: $89,775
Los Angeles County, CA
***IN ESCROW*** Well established and highly profitable bicycle retail and repair shop is enjoying the industry-wide BOOM in 2020 sales. Located in prime SFV, this shop is a leading local brand with an authentic community of followers and happy customers. Owner works part time and mostly offsite, as the shop is largely employee-operated. Qualified bicycle mechanics handle their robust service business in addition to friendly and knowledgeable employees selling the best-known bicycle brands. The business offers a full range of bikes to suit every customer type, from families buying bikes for the kids, to road racers or off-road adventurers looking for top gear, to casual riders enticed by stylish and practical e-bikes. Accessories, apparel, and more are sold in store and online. Great location on a major boulevard this easy to operate and fun business is fully equipped and turn-key for the new owner. This business is priced to sell quickly even though 2020 YTD already exceeds total income for full previous years. Financials referenced in ad are Trailing 12 months from August 2019 to July 2020. Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Shannon Brown at firstname.lastname@example.org or 818-497-6866 to receive a confidentiality agreement and learn more about this opportunity.
Cash Flow: $222,880
Located in the Central Valley of California, this bike sales and repair shop carries higher-end brands in contrast to its nearby competitors. The customers are loyal and the location is essential for the traffic it receives. There are local schools and trails within a block of the store and the owners have a coffee cart for weekend gatherings around the bike trail. There is potential in the marketing portion of the business since the marketing is basic and brings in those who drive by on its busy street. IBIS World Industry report in 2020 claims that theses types of dealerships will continue to be in demand for health and environmental awareness. It has shown to be true during the COVID crisis and the sales increased tremendously from the prior year.
Cash Flow: $408,787
Santa Barbara County, CA
Beautiful Beach Town Sporting Goods Store in arms-length of the beach. Without a competitor within 20 Miles, this store is the sole source of local and tourist sporting good & camping needs. Established in 2004 a cozy 900 Square Feet store anchored next to a large grocery store chain makes this an ideal location with the ability to take a bike ride and eat your lunch on the beach. Purchase price includes 50-60K of inventory. This opportunity seeks a lifestyle owner operator who is looking to live the California beach city dream while being your own boss and being a part of the community.
Buy this established company that specializes in the design, manufacture and sale of high-quality aftermarket Harley Davidson parts. You can start selling right away as the assets include $160k worth of inventory. Also, all is ready to continue selling online through the recently redesigned website or at bike shows as the business comes with the booth and everything needed for display at events. You also get all the know-how to continue producing more parts based on the goodwill and IP including a trademark, patent and all manufacturing plans and methods. This is for bike lovers who want to make this their business and/or for companies who are targeting bike owners!