Want to own your own bike shop?
Shop for sale.
Very rare opportunity to purchase a successful, established and profitable high end bicycle and ski store in one of Kootenays fastest growing resort towns. Excellent relationship with all suppliers including Kona, Norco, Fox, TLD, Intense, Oakley, Atomic, Armada, Line, 4frnt, etc. Large local and loyal customer base and have territorial exclusivity on most brands sold.This 4 ½ year old business has seen significant growth and does not have a lot of local competition and has opportunities for more
growth.
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The shop is about 1000 square feet and could be expanded to carry more products to maximize potential. It takes at least three years for a store to become established in a small town market so this business opportunity offers a head start without the troubles of a start-up. The owners are proud of the store’s reputation and would like the right person to carry it on.
Also looking for summer sales staff. Above average wages, flexible schedule, great work environment and accommodations can be made available. Opportunity could exist for the right person to work and buy into shop over time. Email resumes or inquiries to bikeshopforsale@gmail.com
Selling to return home to help family, price is very reasonable and will include all equipment, fixtures and tools. Serious inquiries only to bikeshopforsale@gmail.com
Very rare opportunity to purchase a successful, established and profitable high end bicycle and ski store in one of Kootenays fastest growing resort towns. Excellent relationship with all suppliers including Kona, Norco, Fox, TLD, Intense, Oakley, Atomic, Armada, Line, 4frnt, etc. Large local and loyal customer base and have territorial exclusivity on most brands sold.This 4 ½ year old business has seen significant growth and does not have a lot of local competition and has opportunities for more
growth.
The shop is about 1000 square feet and could be expanded to carry more products to maximize potential. It takes at least three years for a store to become established in a small town market so this business opportunity offers a head start without the troubles of a start-up. The owners are proud of the store’s reputation and would like the right person to carry it on.
Also looking for summer sales staff. Above average wages, flexible schedule, great work environment and accommodations can be made available. Opportunity could exist for the right person to work and buy into shop over time. Email resumes or inquiries to bikeshopforsale@gmail.com
Selling to return home to help family, price is very reasonable and will include all equipment, fixtures and tools. Serious inquiries only to bikeshopforsale@gmail.com
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Think outside the box
if you have enough money to buy the shop why dont you just buy whatever you want anyways? haha
everyone owns a little peice, then we'll all buy our goods there cause we get good deals. business will expand worldwide And it just keeps growing, then you franchise it out like sport check. Then someday a huge company will buy u out and we sell our shares and retire. sounds good? Everyone send me $10 and I'll set it up. hahah I'm only joking.
Owning a business is hard, I'm currently making plans to own the one I work for right now...
SO much legal crap you gotta go through... =(
The fact that they may not own their own building is nothing. Most small businesses don't own their own building. Overhead costs are one small part of the big picture.
Knobyz is right - normally you are buying the Business name and everything that is associated - suppliers, customers, all accrued goodwill. If the business is well established, price could be steep, but then it's probably a better investment.
Chances are if it's lasted 4.5 years, it's doing OK. But, without taking a deeper look, that's hard to determine for sure. Any serious buyer will know what he or she is getting into, and will inquire as to the actual financial condition of the business.
As well, at 4.5 years, I highly doubt you're going to hire hands and retire. If it were possible, don't you think the owner would be doing so right now?! lol. It's usually 3-5 years before you can even take any real money out of a business (most fail within 5), and even longer to set it up to run on its own. Most people wouldn't want to do that to their own business anyway, not at this stage of the life cycle.
Sorry to hear about the fate of the owner. If what you say is true, then I'm sure he'll do just fine as he must be a good guy. Best of luck to him and his family.
Kimberley
Good store, good people. I was in there during early summer. A little small on the sq footage for any storage, unless there's a basement.
They didn't do themselves any favors when they started slagging RCR though, talk about shooting yourself in the foot!
I had a 1200sqft store and I was bustin' at the seams. Moved to a 1500sqft location and I was still hurting for space. I got out of the retail - "store front" for several reasons. Don't know how you can turn it on such a small floor plan.
Kimberly's economy tanked when the local mine closed. That was about 20 years ago but for at least a decade afterwards real estate was still dirt cheap. Kimberly doesn't have great access to a large airport. You have to fly to Van and then take another flight.
That and the snow conditions at Kimberly ski resort have been known to be sketchy and it was quite run down compared to places like whistler. The resort may have been purchased and that's all changed but it is a small out of the way town with a ski area that get overlooked due to its proximity to Fernie, Panorama and Kickinghorse.
Johnny T has done a great job with Poser, got involved in the bike community in the area and built some wicked trails himself, and the trail system in Kimberly is pretty cool too.
BTW Kimberly is like 10 minutes from the Cranbrook International Airport which has direct flights to Salt Lake City, Vancouver, Calgary etc... It is a golfing and fishing center too with a lot of Calgary traffic.
Best of luck John, hope your family is okay!!
why does everybody jump off the bridge before it even breaks?
seems desperate to me... selling at the worst time possible...
we'll see you later poser sports
i bike too much to run a store.. properly.. u have to give up a lot of time..
Your an idiot who thinks that they are an economist powerhouse. You have no clue what so ever. A shop will fail if they took too big of a risk. Fact of the matter is the shops that are now closing, have taken risks, taken too big of loans, and not been wise. The shops that thought before they did stuff are more than fine. And your economy is bad? Canadians know squat about bad economies right now. Just because you are next the the USA you don't know everything.
Truth is, any place failing in Canada is THEIR OWN fault, because it's not you with the crisis right now... at all. Its the US. Our business is hurting yours simple. Buuut being your your own country you guys should be able to survive without us buying all your stuff. If you have to survive on us business in Canada you shouldn't be in business in the first place... simple.
The economy isn't as bad yet, but the Bush admin made damn sure everyone around it would suffer. The US has got Canada by the economic balls. Out of good will Canada made some bad trading agreements with the US and is suffering for them now.
Pull your head out, the world is in serious shit because of the US and it's policies of the last 8 years. Let's hope Obama can pull it out.