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Price Range: From to

Well-Established Bike Shop

Vancouver, BC, Canada

$425,000.00
  • Description
  • Details
  • Address

Description

This famous bike shop has been a major player in Western Canada’s “Bike Culture” for decades. The business is located in a character building within an increasingly upscale family neighbourhood. The owner is retiring; leaving behind a legacy of service professionals & awards, systemized sales, maintenance & warranty procedures, local & international support. Exclusive brands in both pedal and electric bikes; with a huge, current selection of accessories and aftermarket add-ons. The new owners are ensured a smooth transition by being personally introduced to the staff, suppliers, landlords, agencies, customers, etc. All key staff are motivated to stay on as part of this grassroots, neighbourhood institution. The certified service staff are well-trained and passionate about cycling. This business’ profitability will continue to climb. Commuting by bicycle is the new normal as people prefer not to take public transportation. The popularity of e-bikes has produced a whole new profitable dimension because they are the sweet spot between bicycles and cars—it is the future.

Highlights

  • Exclusive brands
  • Bike culture
  • Unbeatable reputation
  • Unique accessory brands
  • Consistent sales and profit growth
  • Trained staff included
  • Established customer base
  • Lengthy transition included

Details

Updated on February 18, 2021

  • Property Type: Business
  • Property Status: For Sale

Additional Details

  • Sale Type: Share
  • Ownership Type: Corporation
  • Industry: Outdoor Sports & Leisure
  • Inventory: Plus approximately $525,000
  • City: Vancouver
  • Province: British Columbia
  • Country: Canada