Bike and Triathlon Franchise! Owner Must Sell!! All Offers Accepted!!

, Texas 5 views 0 favorites

Financial Highlights
Asking Price
$499,000
Revenue
$853,276
Business Description

Way below value, selling for the price of inventory and FF&E!!! TURNKEY! OWNER ABSENTEE! BE YOUR OWN BOSS! MAKE MONEY starting on Day 1! This is a Bicycle & Triathlon Retail Franchise Business located in the Tarrant County area. Don’t miss this opportunity to own this completely turnkey and a very profitable 5-year-old business with amazing consistent cash flow and is a market leader in the greater DFW area and is known for its complete commitment to customer satisfaction. Proper inventory controls, current industry leading Multisport equipment and operational software are all part of this business package. All the Inventory is included! After owning the business for 5 years the owner is retiring for family medical reasons. This business has proven itself recession and pandemic proof as it continues strong revenue and profitability which the new buyer can benefit from. The current owner will stay and TRAIN the buyer and transfer all important relationships for a seamless transition to ensure the continued success of the business. Owner is open to financing a portion of the purchase for the right offer and right buyer! DON’T WAIT! THIS WON’T LAST LONG! Location: Fort Worth, Texas Year Established: 2017 Number of Employees: 5 Real Estate: Leased Building Sq. Ft.: 3,500 Rent: $7,800.00 Per Month Lease Expiration: 2/1/2026 Facilities: It is a franchisee of one of the largest triathlete specific athletic equipment and coaching businesses. The Franchisor boasts 20 stores nationwide. More than a store, it has become a community meeting place for cyclists, swimmers, runners, and athletes of all ages and skill levels. They also helps to organize rides throughout the community. After owning the business for 5 years the owner is retiring for family medical reasons. This business has proven itself recession and pandemic proof as it continues strong revenue and profitability which the new buyer can benefit from. The current owner will stay and TRAIN the buyer and transfer all important relationships for a seamless transition to ensure the continued success of the business. Owner is open to financing a portion of the purchase for the right offer and right buyer! DON’T WAIT! THIS WON’T LAST LONG! Market Outlook/ Competition: The business works with all trending products in their respective trade and sells products to the retail public. The business has many long-term, repeat customers (approximately 60%). The business has the Best Bikes, Best Supporting Equipment, Best Selections and Best Price. The Service and Repair department is a huge revenue and profit generator for the business. Growth & Expansion: For a new buyer growth can be easily obtained by a) creating a larger retail presence (online and potentially in store); b) additional marketing and advertising to the commercial market; c) create a strong social media presence and d) Triathlon coaching services and training.

Business Details
Industry:
Retail
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 14, 2022

Updated: 1 week ago

Views: 5

Favorites: 0