Bethany Beach, DE 19930

$359,900

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List Price
$359,900
Days on Market
0
Status
ACTIVE
MLS#
DESU2118548
Year Built
2010
County
Sussex

Property Description

Multi-location bicycle retail and rental business. ​For 37 years, our brand has been a trusted fixture in the community. Over nearly four decades, it has evolved from a traditional local bike shop into a synergistic 3-store regional network backed by a high-margin, app-driven rental operation that generates predictable annual revenues. ​What Makes This Opportunity Unique: ​Established 3-Store Footprint: Acquiring this business provides instant market presence across three distinct retail locations. Each store is equipped with complete repair tooling, fixtures, point-of-sale systems, and established commercial leases. ​Turnkey Staff & Operations: With $130,000 in existing annual employee payroll, the daily operations are powered by a trained, dedicated staff of mechanics, retail associates, and rental coordinators. You are acquiring an operational framework—not just a job. ​High-Margin Automated Rental Business: Generating $150,000 annually, our rental division operates on a modern, reservation app platform that simplifies booking, customer check-in, and inventory tracking with minimal labor overhead. ​Strong Margins & Cash Flow: Maintaining an overall 50% gross margin, the business delivers strong, defensible earnings with clear W-2 officer salary and S-Corp distribution histories. ​Growth Capital : Negotiable inventory of approximately $200,000 in total clean retail stock and active, cycle-ready rental fleet inventory. ​We are seeking a qualified buyer who will continue our 37-year legacy of quality service while taking advantage of the expansion potential across our three stores and growing rental business. 3-Store Bicycle Retail & Rental Enterprise

Additional Information

Area
Baltimore Hundred (31001)
Ownership Interest
Leasehold
Flooring
Fully Carpeted, Tile/Brick
Heating
Central
Cooling
Central A/C
Roof
Unknown
Utilities
Cable TV, Multiple Phone Lines
Water
Public
Sewer
Public Sewer

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Sea Grace @ North Beach Realtors. Contact: 443-614-3901