Listing Number: 60244-553678
Description
Two e-Bike shops in North Scottsdale upscale retail and dining centers started in 2016 and 2021, providing sales, service and leasing to individuals interested in self-guided tours. Shop number 1 is located in 1,000 SF retail area with roll-up doors providing easy access and visibility for passers by. Lease expires in November 2025. The second store is housed in a 1,900 SF facility with ample wall space and generous showroom floor. Lease expires in November of 2026.
Each store is staffed with one full-time manager and 2 to 3 part-time sales and service staff. The stores have a central website that is professionally managed. Combined inventory is approximately $200,000 and is included in sales price. Owner estimates combined FF&E to be approximately $120,000.
The e-Bike market has grown substantially for the past 3 or 4 years with products becoming more readily available and the cost of batteries decreasing. These stores are well-known in their local markets appreciated for the bike safety emphasis and professional training classes offered to both children and adults.
Listing Details
- Price: $ 850,000
- Down Payment: $400,000
- Sellers Discretionary Earnings: $ 277,529
- Total Sales: $ 996,645
- Location: Maricopa County, Arizona
- Inventory: $ 200,000
- FF&E: $ 120,000
- Employees: 6
- Year Established: 2016
- Reason for Selling: Redirecting efforts to new ventures
- Category: Sports Related Biz
