Tupelo Data Room
Bike Shops
Active

Retail Bike Shop

Minnesota, United States
Asking Price$800k
Revenue$1.08m
EBITDA-
Cash Flow$215k
Description
This business is a retail shop that sells regular and electric bikes. This shop does 58% in all bike sales with maintenance/service about 14% of sales, and parts and accessories make up the reminder 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. Business was established in 1991 by the current owner. 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.
Real Estate
Leased
Inventory
Included in Asking Price
Number of EmployeesFull-Time: 6
Year Established
1991
Reason Selling
Retirement
Facilities & Assets
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
Asking Price$800k