Retail - Sporting GoodsVerified Seller
Established Bicycle Shop in Chagrin, OH - $295K - $75K Annual Cash Flow
Chagrin, Ohio
Asking Price$295,000
Annual Revenue$651,000
EBITDA / Cash Flow$40,000Implied Multiple: 7.4x EBITDA
Executive Overview
Discover an exciting opportunity to own a well-established bicycle shop in Chagrin, OH. With a proven track record since 2012 and an asking price of $295,000, this business offers a unique blend of community engagement and diverse revenue streams.
Key Investment Highlights
- •Loyal Customer Base: A decade of service has fostered a dedicated community of cycling enthusiasts.
- •Multiple Revenue Streams: Benefit from bike sales, gear, services, rentals, and demos.
- •Community Engagement: Active participation in local events and partnerships enhances visibility.
- •Proven Financial Performance: Consistent $75,000 annual cash flow with minimal overhead.
- •Strategic Location: Situated in an area renowned for scenic cycling routes.
Established in 2012, this full-service bicycle shop has been a central hub for cyclists in Chagrin, OH. With just two dedicated employees, the business efficiently serves a diverse clientele ranging from casual riders to avid cyclists. The shop's success stems from its comprehensive approach to cycling, offering not just products, but a complete cycling experience.
Located in an area known for its picturesque trails and cycling routes, the shop draws both local and visiting cyclists. It has positioned itself as more than a retail space—it's a community cornerstone that supports and celebrates cycling culture, creating a loyal and engaged customer base.