Bike Shop for Sale in Southwest Dallas 001607
VIRTUAL TOURPrice: $250,000
Location: Dallas County, Texas
Industry: Retail/Bike Shops
Listing ID: 001607
Bike Shop for Sale! Long-established bicycle shop for sale in Southwest Dallas. The business was founded by the current owner in 2002 and has built a strong reputation over the years. It offers a wide selection of bicycles, including E-bikes, along with accessories and full-service repair work.
The shop is located in a prime area of Southwest Dallas, operating out of a 5,400 sq. ft. leased space in a busy retail strip center. The center includes a mix of retail, restaurant, and service businesses and is anchored by a national chain supermarket, bringing consistent foot traffic and visibility to the location.
The business serves a diverse customer base with disposable income, including hobbyists, serious cyclists, and beginners. It primarily draws customers from the South Dallas area and holds a strong position in the local market. There are no direct independent competitors nearby, and the business stands out from larger corporate stores by offering higher-quality bikes, competitive pricing, and personalized customer service.
Marketing efforts currently include a website, active social media presence, and email campaigns. There is clear opportunity for growth through expanded marketing and by increasing inventory to include a broader range of bicycle options.
The owner is actively involved in daily operations as a full-time service technician and front desk manager. With plans to retire, the owner is seeking a qualified buyer to take over. This is a solid opportunity to acquire a well-established, profitable bicycle shop with strong fundamentals and room to grow under new ownership.
Down Payment: $150,000
Total Sales: $704,195
Cash Flow: $115,404
Inventory: $250,000 (Not Included in listed price)
FFE: $50,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Retirement and Burnout
Training & Support:
The owner will provide the necessary training to allow a smooth transition.
Year Established: 2002
Employees: 3PT
Absentee Owner: No
Square Footage: 5,400 SF
Facilities Information:
The Southwest Dallas location is prime, occupying a 5,400 sq. ft. leased space along a bustling retail strip center. The retail center contains various other retail, restaurants, and service businesses. The anchor tenant is a national chain supermarket which helps attract a steady flow of foot traffic to the immediate area.
Competition:
There are no direct independent competitors, only corporately owned stores that offer poor quality bikes. This business stands apart from competitors through quality bikes, better prices, and personalized services.
Potential Growth:
There is room for growth that could be achieved with more marketing and expanding the inventory offerings to include more bike options.
Financing/Terms:
100% down at the time of closing or 30% Cash Down with SBA Financing.
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