Great Small And Profitable Bike Shop In Washoe County

Business Description Established Bicycle Retail Business - Sparks, Nevada This profitable bicycle shop represents an excellent opportunity for an owner-operator or existing business looking to expand. Operating successfully since 2017, this well-positioned retail establishment serves the growing Sparks community in Washoe County. Business Overview: The shop has built a solid reputation as the quintessential local bike shop, featuring knowledgeable staff and exceptional customer service. With 2 dedicated employees, the business maintains efficient operations while delivering quality service to an established customer base. Location Advantages: Strategically located in an expanding residential area of Sparks, the business benefits from easy access and serves an under-served market in the bicycle retail space. The area's continued residential growth provides excellent potential for customer base expansion. The shop operates under very reasonable rent terms with a supportive property manager, contributing to healthy profit margins. Financial Position: As an established business operating for over 6 years, the shop maintains consistent profitability with documented revenue history available to qualified buyers. The asking price of $300,000 reflects the business's solid financial foundation and growth potential. Operational Structure: Currently managed by absentee owners, this business offers immediate opportunity for hands-on owner involvement to potentially increase profitability and customer engagement. The streamlined operation with 2 employees provides flexibility for new ownership approaches. Transition Support: The current owners will provide consultation and advisory support for 6 months post-sale, ensuring smooth transition of operations, customer relationships, and business knowledge. Growth Potential: With expanding residential development in the area and limited local competition in the bicycle retail space, this business is positioned for continued growth under dedicated ownership. This opportunity combines established profitability, strategic location advantages, and significant growth potential in Nevada's expanding Sparks market. About the Business Years in Operation 8 Number of Employees 2 Facilities & Assets Turnkey operation including all inventory, furniture, fixtures, tools, computers. Market Outlook / Competition This shop is located in an area that is expanding with many new homes. This area is under-served in the bicycle business space. This is the quintessential local bike shop with knowledgable staff and exceptional service with easy access. About the Sale Seller Motivation As Absentee owners with significant health challenges and proximity issues, it i Transition Support Consult and advise as needed for a period of 6 months