Business Description

A well-established 37-year-old bicycle shop located in an affluent community is experiencing expansion as a result of the rising popularity of e-bikes. The owner is looking to sell the business in order to retire but is willing to assist the new owner with the transition and provide training. Financing options, including support from the seller and lenders, are available. The business has maintained excellent financial records and includes approximately $1.5 million worth of inventory that is ready to be sold to customers. With a strong presence in the community and a focus on e-bikes, this long-standing bicycle shop presents a unique opportunity for someone looking to enter the industry or expand their existing business. The seller's willingness to remain involved during the transition period offers valuable support for the buyer. Additionally, the availability of financing options makes it easier for interested parties to acquire the business. The shop's impressive inventory provides a solid foundation for future growth and profitability. This bicycle shop, located in a wealthy area, is positioned for success