Well Established Bike Shop In Laurentides For Sale

Description

This boutique specializes in bicycle sales and repairs and operates year-round by offering winter services such as ski and snowboard maintenance and skate sharpening. This complementary seasonal activity allows the business to remain profitable 12 months a year. In addition to its repair and maintenance services, the store carries a wide selection of accessories and parts for both cycling and winter sports.Well located and established on the same street for over 30 years, the boutique benefits from strong local visibility and a loyal customer base. The layout is functional and welcoming, making it an enjoyable workspace. Financial performance shows stable profitability with growing sales, supported by impeccable accounting and sound management practices that can be easily transferred to a new owner.The current owners are committed to ensuring a smooth transition and are willing to remain involved for up to one year, allowing for the transfer of technical knowledge to the buyer or an existing mechanic. The store also holds exclusive territorial sales rights for a well-known electric bicycle brand, which attracts steady local demand and benefits from increasing online sales associated with the brand.The asking price represents strong value at only two times the seller’s discretionary earnings, including $90,000 in inventory, allowing a buyer to potentially recoup their investment in less than two years.Listing detailsPrice: $370,000Down payment: $50,000Seller’s discretionary earnings (SDE): $140,000Total sales: $301,615Location: Laurentides, QuébecInventory: $90,000FF&E: $30,000Employees: 3Year established: 1994Reason for selling: New projectCategory: Sports-related business