Bicycle Shop Retail Business – 70% Repeat Customers, 30 Year History

Massachusetts - Boston LISTING #: 17474

This highly profitable bicycle shop retail business has a proven 30 year track record of consistent cash flows and continues to thrive in 2016 with the majority of revenues coming from repeat customers. Founded in 1986, this business sells premium brand name bicycles including Trek and Schwinn as well as bicycle accessories, bicycle repair services and more.

With approximately 70% of revenues coming from repeat customers and referrals, this company has established an extremely loyal customer following and their attractive business model creates a “subscription like” effect, which gives this business a highly valuable base of recurring revenues. This turnkey operation would be a perfect fit for anyone with general business
experience and their attractive business model allows for a seamless transition, even by
someone who is not familiar with the industry.

With a proven track record of consistent cash flows, 56% gross profit margins, 70% repeat customer rate and over $10K+ worth of FF&E included with the sale, this high quality acquisition opportunity represents an outstanding value and has been priced attractively, ensuring there is substantial upside for overall return on investment.

$330,765
$120,865
$60,000
1986
Yes
1 FT 2 PT
   $215,000

Sal Clark
Sal@LighthouseBusinessBrokers.com

Office: LBB Massachusetts
Phone: 617-398-4996

   Property Leased: Yes
   Monthly Rent: $3,150
   FF&E Included: $10,000
   Real Estate Included: No
   Building Size: 1800 sq ft
   Hours of Operation: Monday - Sunday
   Franchise: No
   Reason for Selling: Seller is retiring after 30 years

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