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Pedal Powerhouse: A thriving bike shop in a rapidly growth market, ripe for chain reaction expansion!
Northwest Phoenix

Located in a prestigious, high-income community in the northwest valley of Arizona, this well-established bike shop offers an exceptional opportunity for either a passionate individual bike enthusiast or a multi-store bike shop operator seeking expansion. This bike shop is located at the heart of a community known for its world-class planning and design, attracting a young and affluent demographic. With a median age of only 38 and an average household income of $127,440, the trade area is ideal for cycling customers. The 2,600 square foot retail space boasts a favorable lease and is conveniently located next to a popular gym and restaurant. The shop carries renowned brands like GIANT, Aventon, Kona, and more, while also offering bike repair services and accessories. With no competition in the area, this opportunity holds the promise of immediate success. Whether you're an individual enthusiast or a seasoned operator, this bike shop's prime location, strong demographics, and room for product optimization make it a golden prospect for business growth and prosperity.

Listing Number:

22848

Category:

Retail

Location:

Northwest Phoenix
$165,000

Financial Information:

Gross Revenue:

$518,408

Listed Price:

$165,000

Down Payment:

$0

Total Income:

$77,570

Year Established:

2017

Lease Information:

Square Feet:

2662

Total Rent:

$5,068

Lease Expiration:

07/2026

Lease Options:

1 / 1 year

Asset Information:

Leasehold Improvements:

$27,000

Equipment / Fixtures:

$60,000

Inventory:

$120,000

Other Assets:

Seller did not capitalize FF&E on balance sheet. See Equipment List attached

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

1

Special License Required:

None

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

The owners are seeking the right buyer to continue the bike shop's legacy, as their other commitments limit their ability to fully nurture its potential

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Jason Dougher
Office: (623) 888-6190 | Cell: (623) 301-0155
License #:

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
Jason Dougher
Office: (623) 888-6190 | Cell: (623) 301-0155
License #:

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

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Pedal Powerhouse: A thriving bike shop in a rapidly growth market, ripe for chain reaction expansion!
Northwest Phoenix

Listing Number:

22848

Category:

Retail

Location:

Northwest Phoenix

Listed Price:

$165,000
brokerPhoto
Jason Dougher
Office: (623) 888-6190 | Cell: (623) 301-0155
License #:
Located in a prestigious, high-income community in the northwest valley of Arizona, this well-established bike shop offers an exceptional opportunity for either a passionate individual bike enthusiast or a multi-store bike shop operator seeking expansion. This bike shop is located at the heart of a community known for its world-class planning and design, attracting a young and affluent demographic. With a median age of only 38 and an average household income of $127,440, the trade area is ideal for cycling customers. The 2,600 square foot retail space boasts a favorable lease and is conveniently located next to a popular gym and restaurant. The shop carries renowned brands like GIANT, Aventon, Kona, and more, while also offering bike repair services and accessories. With no competition in the area, this opportunity holds the promise of immediate success. Whether you're an individual enthusiast or a seasoned operator, this bike shop's prime location, strong demographics, and room for product optimization make it a golden prospect for business growth and prosperity.

Financial Information

Gross Revenue:

$518,408

Listed Price:

$165,000

Down Payment:

$0

Total Income:

$77,570

Year Established:

2017

Lease Information

Square Feet:

2662

Total Rent:

$5,068

Lease Expiration:

07/2026

Lease Options:

1 / 1 year

Asset Information

Leasehold Improvements:

$27,000

Equipment / Fixtures:

$60,000

Inventory:

$120,000

Other Assets:

Seller did not capitalize FF&E on balance sheet. See Equipment List attached

Additional Information

Full-Time Employees:

1

Part-Time Employees:

1

Special License Required:

None

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

The owners are seeking the right buyer to continue the bike shop's legacy, as their other commitments limit their ability to fully nurture its potential

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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