Profitable and well-established cycling boutique in Eastern Ontario. The business is benefiting from the growing popularity of electric bikes and also enjoys strong loyalty and repeats business due to its diverse, high-quality products. They offer a variety of bicycles, parts, and accessories as well as a selection of clothing for the whole family.
They are known for their excellent customer service and knowledgeable staff. The current owner believes the business can be expanded with limited capital investment by adding a new line of businesses or catering to the fat bike in the wintertime. Currently, the owner takes almost three months off in the winter. There are also opportunities to increase revenue by augmenting the social media presence. With growing revenue and increased sales in high-margin product lines, this is an excellent opportunity.
The asking price includes $35,000 in furniture, fixtures, and equipment and the inventory is not included in the asking price. The owners would consider a full sale or taking on a new business partner as one of the current owners is looking to retire. Financing options are available. For more information email [email protected] -- ---- ------------ ----
