This multi-faceted bike shop was established in 1985. Revenue is generated from mountain bike rentals, retail sales, service or repair, and trail shuttle service. This premier shop is a certified Specialized Brand mountain bike dealer. Specialized is known as one of the top brands in the industry. The most significant portion of revenue is generated from mountain bike rentals, and retail goods.
The Seller is absentee. The shop is managed by a General Manager who has been with the business for 4 years, and an assistant manager who has 8 years of service.
Moab, Utah besides being known as a premier tourism and recreation based economy has become known as possibly the best overall mountain biking area around. Business comes from as far as Denver to the east and Salt Lake City to the west. During peak mountain biking season many from around the globe visit Moab.
The business closes during December and January.
This is an excellent opportunity to step in as an owner/operator, semi-absentee, or absentee owner. Cash flow could increase significantly with an owner /operator.
The property is for sale.
Financial Information
$700,000
Asking Price
$80,000
Cash Flow
$1,100,000
Gross Revenue
N/A
Down Payment
Business Location
City:
Moab
State:Utah
Reason for Sale
Owner is ready for a new adventure
Detailed information
Year Established:1985
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 15
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: Yes
Inventory Value:
$500,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$2,000,000
Building Size: 2642
FF&E Included?: Yes
FF&E Value: $25,000
Training/Support
The owner will ensure a smooth transition. The long standing well trained staff are fully capable of supporting operations.
Facilities
The property consists of a 2338 sq ft, fully solar powered retail space, and a 304 sq ft storage facility. It is in a Prime location. An appraisal was conducted in 2024.
It is for sale for $2,000,000
Market Outlook/Competition
Mountain biking is one of the major economy's for Moab, Utah. Competition exists but market share is plentiful. Location, staff, and length of service to Moab makes this one of the top bike rental shops in the area.
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