Great opportunity to purchase a Bike Shop that has been proudly serving the community since the early 1980s.
The business is very well known in the community with a great reputation as it has been a top rated shop by The Washington Consumer Checkbook year after year with the best prices and service in the Washington DC Mero Area. Their repeat and loyal clientele base over the years appreciate the competitive prices and the personal attention they receive as the staff ensures each customer’s interests and needs are properly met.
The Bike Shop offers a range of bikes from the beginner on training wheels to the experienced and competitive bike rider. The business also sells Ski & Snowbaord equipment, accessories and even provides equipment rentals which aren’t found in other bike shops; this provides another great profit center for the business to get through the winter months which is typically a slow time of the year for most bike shops. The Shop also offers a full line of accessories and retail products to outfit all of your needs, whether it is clothing, protective & safety gear or parts, which can be installed for you in their full service repair department performed on site by trained mechanics. Most repairs are made within a couple of days so the customer can be back out enjoying themselves!
With established vendor relationships (6 bike vendors, 1 skate vendor and 6 ski & snowboard vendors) that provide great terms, a loyal customer base of over 2500 active customers receiving newsletters about Sales, Consignments and Trade In Programs and with the plan of a BMX & Skate park to be built very close to the Bike Shop the business should see increased revenue and profitability moving forward. This business would be great for someone that has experience or a passion for the industry or for someone just looking for a profitable, easy to manage business in an industry that has been around for hundreds of years and will not be going anywhere as bikes are a common form of transportation and fun! The current owner has enjoyed the business and earned a great living while sharing in the joy of serving the community and so could you!
Seller Reference #HZ236DZ
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