Address not disclosed Bethany Beach, DE 19930
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2118548
Year Built 2010
Property Sub-Type Retail
Source BRIGHT
Property Description
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
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Fully Carpeted, Tile/Brick
Inclusions LIST OF INCLUSIONS ARE LISTED SEPARATELY. OWNER CONSULTING ASSISTANCE FOR 4 MONTHS
Equipment Negotiable, See Remarks, Some
Heat Source Electric
Exterior
Garage Spaces 12.0
Utilities Available Cable TV, Multiple Phone Lines
Water Access N
Roof Type Unknown
Accessibility 2+ Access Exits
Total Parking Spaces 12
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID NO TAX RECORD
Ownership Leasehold
Acceptable Financing Cash, Conventional, Negotiable, Private, Seller Financing
Listing Terms Cash, Conventional, Negotiable, Private, Seller Financing
Financing Cash,Conventional,Negotiable,Private,Seller Financing
Special Listing Condition Standard
Steve Vargas
Team Leader/ Associate Broker/ Owner of A Refined Mindset Coaching | License ID: 0225224352-Virginia 678920-Mar