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Well Established Bike Retail And Service Shop For Sale

Lloydminster, Alberta, Canada
Asking Price:
$350,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$50K - $100K (CAD)

Opened in 2016 as an online store with the brick n mortar store opening in the May of 2017.

There was a need for a high quality shop focussed on bicycle sales and service. With service growing each year, there is potential to add more mechanics and increase the service department.
There is a growing need for bicycle repair and no shortage of work to take on.

The winter months are supported by snowboard hardgoods and accessories sales and service.
With a large supporting area and population, this store has seen growth year over year.

A location change in September 2025 reduced over head cost while maintaining the growing need for bicycle sales and service.

Owners are interested in selling the business as is, or looking into potential partnerships to support adding a second location in a city with the similar demographic and growth potential.

Full buyout is also an option, as owner has options to stay on and train, or be available for consultation and assistance.

With well established brands and credit, there is potential to grow this business as the city prepares for expansion.|

Owners are open for discussion over options with buyers to assist with an easy transition into the store.

Property Information

Real Estate:

Lease

Lease Terms:

2 yr with flexible lease with option to leave for a larger location when ready.

Leasehold Rent:

$52,000 (CAD) per annum

Location:

Located in a stand alone strip mall, with easy highway access and close to local residential

Premises Details:

Approximately 3000 sq/ft of retail space in a stand alone strip mall. With a second level upstairs to support seasonal change.
Flexible lease allows for growth.

Size in square feet:
3,000

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Currently we are in smaller location, to control over head costs, but with help and more mechanics, this store could expand in sales and service very easily

Competition / Market:

Locally there isn't any stores that specifically service and sell bikes and similar sporting goods.
We service are large surrounding area, customers travel to our store specifically.

Reasons for selling:

Family relocated - potential to move or open second location.

Trading hours:

Tuesday - Friday 10-7pm
- Saturday 10am -5pm
Closed Sundays and Mondays

Employees:
4
Years established:
2016

Other Information

Support & training:

Option for training and support is available. onsite training and teaching on the buying and servicing all available.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner would like to sell all inventory as is, and is reducing aging stock daily to reduce the inventory price.

Furniture / Fixtures value:
$150,000 (CAD) - included in the asking price
Inventory / Stock value:
$275,000 (CAD) - included in the asking price
Website:
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Relocatable:
This business can be relocated