$574,500.00
Asking Price
Status: Active
Posting ID: 282791
9/11/23
Description
This very popular bike shop is considered an iconic institution in its city, with the shop’s well-earned reputation known far beyond. It has been profitably dominating its market since 1969 in one of the most bike-friendly cities in the Bay Area. This is an outstanding opportunity, especially for someone who is passionate about the many benefits of cycling and who wants to own a business that promotes those benefits.
The asking price is low considering that this is a very well-established, turnkey, profitable business, which includes about $540,000 worth of up-to-date, quality branded inventory. Plus, about $75,000 worth of furniture, fixtures, and equipment is also included. Net cash flow to the absentee owner was about $40,000 last year. However, a new owner/operator should expect net earnings of about $140,000 or more. The current absentee owner reluctantly must sell for personal reasons.
The inventory includes several brands of bikes, parts, and accessories. The shop carries all the popular types of bikes including mountain, gravel, touring, road, commuter, kids, and electric bikes. This shop is Northern California's largest Surly dealer, but also proudly represents other popular bike brands including Specialized, Giant, All-City, Salsa, Tern, Brompton, and more.
Besides selling quality products, the shop is also well-known for its very competent and reliable service department. The well-trained, certified, and experienced technicians take pride in their work and have all the tools they need for expert customization, maintenance, and repairs. The tools and equipment are included in the sale.
The loyal team of employees, from sales to service, are passionate about promoting cycling. They each have their specialties but most are cross-trained to effectively function in other roles as needed. And they share the owner’s commitment, not just to the cycling community, but to community service in general.
Every aspect of this well-organized business, including sales and marketing, accounting/bookkeeping, and mechanical services are systemized with the help of good technology and a written operating procedures manual.
The shop is strategically located on the busiest retail street of a small but rapidly growing city with many miles of flat and very scenic, designated bike routes. This city is a wonderful place to work and/or live. Among its many pluses are its charming small-town feel, its ideal micro-climate, low crime rate, good schools, well-maintained classic and varied architecture, clean tree-lined streets, beautiful parks, beaches, marinas, it’s convenient ferry access, and its great central Bay Area location. And it is booming with carefully planned, smart new developments including hundreds of new homes recently constructed and many more in the building pipeline. These residential developments, plus the newly constructed, major, well-anchored shopping center are drawing more and more people and businesses from all over the greater Bay Area. It has become a very desirable destination city. This premier bike shop in the bustling downtown area is a great business opportunity to take advantage of this city’s many wonderful attributes. The growing population of the city bodes well for the significant growth of this bike shop’s business.
Don’t miss this opportunity as it may not remain available for long. Interested parties will be required to complete a Non-Disclosure Agreement and a Buyer’s Profile form prior to receiving any additional information.
Location: San Francisco East Bay Area – Alameda County
Facilities: A total of approximately 3,000 sq. ft. is leased for $7,776/mth + NNN. It is an attractive building on the city’s main, very busy, retail street. The landlord will agree to a new, market-rate lease for a buyer of the bike shop if the buyer has an acceptable credit history.
Competition: There are two other bike shops, but they are in the outlying areas of the city and their volume of business is much lower. Thus they are not considered serious competition.
Growth/Expansion: Most of the business for this shop comes from repeat customers, referrals, and word-of-mouth. A more robust marketing program should generate more volume. Plus, the ongoing residential development and resulting population growth in this city offer the opportunity to serve even more customers. Along with the addition of more housing, the city has been continually updating infrastructure to include even more designated bike routes. In addition, electric-assisted bikes are becoming very popular and encouraging more people to ride. The shop’s inventory can be adjusted to include more e-bikes as demand for those products grows. Another good source of increased revenue might be to expand the shop’s small rental fleet of bikes to serve the increasing number of tourists drawn to this city.
Support/Training: The seller will provide necessary training and will help a new owner successfully transition into this business. Plus, the employees, most of whom have worked in this shop for a number of years, should be very helpful in the ownership transition process. In addition, the business has a detailed handbook of policies and procedures, as well as efficient technology to support most aspects of running the business.
Reason for Sale: Personal
Year Established: 1969
Employees: 5 full-time and 2 part-time, all highly competent and reliable. They like their jobs and it is very likely they will want to stay working in this shop under new ownership.
Financing: The seller anticipates an all-cash sale but may provide some financing for a well-qualified buyer who makes a substantial down payment.
Contact the listing broker for further information.
To get more information about this Award Winning Bike Shop business for sale in SF East Bay please phone Phil Holt (Broker - BRE License #:01731143) at 510-523-0232 and 415-565-0232 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #282791 on BizBen.com. In addition to phoning Phil Holt, make sure you email Phil Holt above to get more info about this Award Winning Bike Shop, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01731143. Sunbelt San Francisco/Oakland.
Contact
Details
Asking Price: $574,500.00
Down: Call/Email
Cash Flow: $138,000.00
Revenue: $2,249,000.00
Area: SF East Bay
City: None Given
Attributes:
My Notes About This Listing
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285056 | Available | 5/2/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 4/30/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
Call/Email
Revenue
$525,000
Down
Call/Email
Posting: 285786 | Available | 4/26/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
$38,400,000
Revenue
$73,200,000
Down
No Seller Carry
Posting: 286371 | Available | 5/1/24
High Volume Location in a beautiful vacation destination city.
Asking Price
$180,000,000
Cash flow
$69,751
Revenue
$114,905
Down
$150,000
Posting: 280975 | Available | 4/29/24
This family business started in 1985, provides residential, commercial, and window cleaning in the area of Santa Clarita, Porter Ranch, San Fernando, and beyond. Their works cover from basic vacuuming and dusting to full range deep cleaning, tenant move-out cleaning, and building exterior wash.
Asking Price
$150,000
Cash flow
$74,842
Revenue
$142,544
Down
$125,000
Posting: 280801 | Available | 5/1/24
This female athleisure-activewear brand focuses on functional fitness clothing that celebrates each of its client's unique features. The brand delivers eco-responsible luxury and comfort designed for everything from high-powered workouts to afternoon dog walks and errands (and in between!).
Asking Price
$125,000
Total Investment
$100,000
Min Liquid Cash
$80,000
Net Worth
$100,000
Posting: 284068 | Available | 5/1/24
S.A.M offers individuals and companies of all sizes the opportunity to fulfill a passion for nurturing young minds while running a profitable and rewarding business. Our program uses the two-pillared approach of Classroom Engagement and Worksheet Reinforcement.
Franchise Fee
$25,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283972 | Available | 5/1/24
City Center Realty Group is pleased to present a lucrative car wash for sale in the Sacramento, CA area. This turn-key operation features brand-new machinery and equipment, situated in a prime, high-traffic location with an estimated 65,000 cars passing by daily.
Asking Price
$2,399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285604 | Available | 4/28/24
For sale is a brand-new home health care agency located in Fresno, CA. We have an Accreditation Commission for Health Care (ACHC) home health agency. This home health care agency is fully licensed by California DPHS-Accredited by ACHC-Medicare Provider, and ready to bill.
Asking Price
$375,000
Cash flow
$1,000,000
Revenue
$9,000,000
Down
Call / Email
Posting: 278933 | Available | 4/26/24
Earthwork construction company - grading, asphalt paving for renovation & new construction projects, plus asphalt & concrete repairs and maintenance for recurring commercial & public customers. 30 skilled employees with capable non-owner management. Extensive equipment & vehicles. 37-year history.
Asking Price
$4,995,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285418 | Available | 4/29/24
With a fully executed Triwest Contract, this is a mental health, PHP, IOP rehab center located in Los Angeles. Credentialed with most major insurance companies. It has a 2,500 sq ft. office, good for 35 clients in office. VA contract can support online clients as well as in person.
Asking Price
$650,000
Cash flow
$79,582
Revenue
$946,806
Down
$125,000
Posting: 281196 | Available | 4/29/24
Discover the premier school uniform supplier serving Bay Area schools since the 80s! This business provides top-quality uniforms, exceptional service, and competitive prices. Whether you visit their store, attend their mobile sale events, or shop online, you'll experience superior customer care.
Asking Price
$250,000
Cash flow
$15,866
Revenue
$310,426
Down
$129,000
Posting: 278358 | Available | 4/29/24
For sale is a cool, popular downtown Eugene bar and grill with great bartenders, strong cocktails, bar food, and games. It is in a welcoming, PNW-style environment in the center of town. It is walking distance to all hotels and public venues makes this location ideal for attracting local regulars.
Asking Price
$129,000
Cash flow
$379,511
Revenue
$1,556,447
Down
$1,125,000
Posting: 280303 | Available | 4/29/24
This company is one of the largest non-surgical hair restoration providers for women, men, and children who experience any type of hair loss. Wigs are a small part of revenue the large majority of revenue is hair restoration with jobs starting at $1,500 up to $7,000 or higher plus revenues.
Asking Price
$1,125,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286238 | Available | 5/2/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
Asking Price
$199,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285062 | Available | 5/2/24
A hospice located in Dallas, Texas, is available for sale. This hospice has zero census and is Medicare and Medicaid certified. It covers Region 3 and has been licensed since 2017, surpassing the 36-month rule. The asking price for this opportunity is $350,000.
Asking Price
$350,000
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 4/30/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 5/1/24
For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
Asking Price
$99,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278808 | Available | 4/28/24
The established 2-year agency is located in a desirable location. This 2.1 million earned premium agency is consistent with a preferred auto/homeowner customer base with an excellent opportunity for growth in cross sales as well as life/financial services.
Asking Price
$511,450
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 284324 | Available | 5/1/24
This is a high-end nail & massage Salon for sale in Central San Diego. It is a beautiful salon in a great location with an excellent reputation. There are currently 8 nail techs and 2 massage technicians. There is room for 4 more nail techs and another massage technician. The techs are all paid 50%.
Asking Price
$99,000
Cash flow
$127,190
Revenue
$1,345,673
Down
Call/Email
Posting: 281442 | Available | 4/29/24
Enter the highly profitable outdoor recreational product space for hunters and anglers with an acquisition of this leading product importer/distributor. Included in the sale are strong transferable supply chain relationships with overseas manufacturers; loyal transferable wholesale accounts.
Asking Price
Call/Email
Cash flow
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 5/2/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Cash flow
$851,672
Revenue
$3,430,536
Down
Call/Email
Posting: 284146 | Available | 4/26/24
With a successful track record for over 25 years, this business has provided janitorial and cleaning services to over 150 recurring clients throughout San Diego County. Consistently generates over $3million in recurring revenue year over year with impressive profit margins between 26-27%.
Asking Price
$3,500,000
Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/1/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
$167,697
Revenue
$545,484
Down
Call/Email
Posting: 283567 | Available | 5/1/24
This is a well-established sheet metal fabrication business specializing in mail order vintage car replacement parts. Business has a strong online presence. Catalogs are available both online and in print. Owners are ready to retire after operating the business since 1994.
Asking Price
$480,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285867 | Available | 5/2/24
This is a hospice agency for sale in Burbank, Los Angeles County, California, with first license only. It must pass the second survey. The price is $175K.
Asking Price
$175,000
Cash flow
$234,960
Revenue
$855,693
Down
$595,000
Posting: 280407 | Available | 4/29/24
Price reduced! SBA approved! This is a great opportunity to own a well-established, leading sign design & manufacturing franchise providing custom sign solutions, interactive digital signs, vehicle wraps and graphics, point of purchase, trade show and table graphics, printing services, and banners.
Asking Price
$595,000
Cash flow
$170,000
Revenue
$470,000
Down
$530,000
Posting: 285555 | Available | 5/1/24
This is a successfully established dry-cleaning business for sale in Alameda County, CA. The business was established more than 35 years. It has a great reputation and it's next to Safeway, so it has very steady foot traffic. The motivated sellers are looking to retire.
Asking Price
$530,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Looking to buy a small business? There is good news regarding business purchase financing. More financial institutions are coming back into the market with business purchase financing. After years of being selective many lenders are more open to financing deals they would not have in the past years.
When selling your small business, you'll be bombarded with questions - from the brilliant to the ridiculous. You need to be prepared. Here are some of the key questions you can expect to be asked. Tim Cunha (SF Bay Area Business Broker) reviews many of these possible questions from potential buyers.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
Pool Halls/Billiards in America, currently is seeing a resurgence, mainly due to pool hall owners catering to a millennial crowd who is growing up with playing pool and other games on their phones and later mingling with others and playing the sport for real. Read about the best tips for buying one!
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?