Tupelo Data Room
Bike Shops, Other Retail
Active

Award-Winning Bicycle Retailer: Proven Legacy and Growth Potential

Alberta, Canada
listing image
Asking Price$675k
Revenue$1.42m
EBITDA-
Cash Flow$130k
Description
About the Business Founded in 2003, Bike Bros has become one of Alberta’s most trusted and recognized independent bicycle retailers. Known for its deep product knowledge, outstanding service, and authentic rider-first culture, the business has built a loyal following and a reputation that extends beyond its immediate market. The store features a curated selection of mountain, gravel, electric, commuter, fat, and youth bikes, supported by high-quality gear, apparel, and a full-service repair department. The physical retail space is complemented by a Lightspeed-powered eCommerce platform, providing a foundation for digital growth. Financial Snapshot Zero long-term debt Strong cash position ~$450,000 in owned inventory (valued conservatively) Clean, verifiable financials with full documentation available The business has been operated with a focus on long-term financial sustainability, carrying no legacy debt and maintaining strong internal controls. Recent Performance & Transition Following strong growth during Covid, revenue and profitability declined—reflecting broader post-COVID adjustments across the bicycle industry. This period also coincided with the owners reaching their retirement objectives, leading to a conscious reduction in marketing activity, online expansion, and promotional efforts. Despite this, the core business has remained stable, with consistent service volume, customer loyalty, and strong supplier relationships. Growth Potential Bike Bros. offers immediate upside for an energetic new owner with a passion for growth. While the business has remained profitable, the current owners—having met their financial and retirement goals—have not aggressively pursued expansion over the past few years. Strategic opportunities exist to modernize marketing, strengthen online visibility, and expand e-commerce and social media presence. One of the most notable growth areas is in the electric bike segment. To date, the shop has maintained a limited, conservative e-bike offering, focusing primarily on comfort-oriented models. A new owner could tap into the explosive growth of the electric mountain bike and performance e-bike market—an area the current owners have intentionally avoided, despite broader industry trends positioning e-bikes as a major driver of bike shop revenue. By embracing this segment and adding new product lines, there's significant potential to expand the customer base and increase average transaction values. Additionally, with recent demographic shifts and growing interest in active outdoor lifestyles, expanding further into trail running, hiking, and outdoor gear categories could create a multi-sport hub with strong seasonal and crossover sales potential. Ideal Buyer Profile This opportunity is well-suited for: An industry professional seeking ownership of a respected shop An entrepreneur with retail or marketing experience ready to scale a lifestyle brand An outdoor or cycling enthusiast looking to relocate to a thriving, active community Facilities & Lease The business operates from a highly visible, well-designed retail space in a growing community west of Calgary. The premises are owned by the seller and available for long-term lease under flexible terms. Additional adjacent land currently leased by the business may also be available by negotiation. Sale Includes Brand, goodwill, and digital assets Fixtures, furnishings, and point-of-sale systems eCommerce platform and customer database $450,000+ in inventory (valued conservatively) Seller support and transition assistance (negotiable) Reason for Sale After over two decades of success, the owners have achieved their financial and lifestyle goals and are preparing for retirement. This transition creates a rare opportunity for a new owner to acquire a stable, respected business with a strong foundation and clear upside. *Cash flow is represented as normalized earnings
Real Estate
Owned
Furniture Fixtures & Equipment
$55k
Inventory
$450k
Number of EmployeesFull-Time: 3Part-Time: 2
Year Established
2003
Reason Selling
Owner wishing to further business growth by transitioning ownership
Support & Training
Negotiable
Financing Options
Seller financing is available.
Asking Price$675k