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Established Northern Minnesota Bicycle Retailer & Service Shop – Real Estate Available. 58562

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Retail Businesses for Sale

  • Primary Industry: Bike Shops

Established in 1975, this well-known bicycle retailer and service shop has served the Northern Minnesota market for over five decades. Strategically located in a high-visibility area near popular cycling destinations, the business benefits from strong community recognition and a loyal, multi-generational customer base.

Revenue is generated through new and used bicycle sales, professional repair and maintenance services, accessories, and apparel. The service department is a core strength, supported by experienced technicians, specialized tools, and complimentary certified bike fitting. Customers purchasing new bicycles receive a full year of service, reinforcing repeat business and long-term relationships.

The business operates from a 3,750 square foot owner-occupied facility featuring showroom space, service bays, and inventory storage. With real estate available for purchase, seller financing offered, and retirement-driven ownership transition, this represents an excellent opportunity for an owner-operator or cycling enthusiast to continue a respected regional brand.

Interested buyers should have $58,000 in available capital for the down payment.

Listing ID: 58562

Financial Information

  • $173,000 Asking Price
  • $36,856 Cash Flow
  • $290,225 Gross Revenue
  • $58,000 Down Payment
  • Yes Financing
  • N/A Adjusted EBITDA

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1975
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: 2
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $129,991
  • Monthly Rent: On request
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $350,000
  • Building Size: 3750
  • FF&E Included?: Yes
  • FF&E Value: $30,853
Business Listed by
image of Sunbelt Business Advisors
Sunbelt Business Advisors
Sunbelt Business Advisors
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-58562
License Number
MN License #40214109

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