Business Description

The Cycle Shop, established in 2014 in SW Houston, has become a beloved community hub known for its wide range of bike products, excellent service, and inviting atmosphere. With a staff of 9, including a Lead Manager, salespeople, and technicians, the business boasts $500,000 in inventory, along with leasehold improvements and FF&E totaling around $70,000. Revenue has seen a significant 80% increase over the past 2 years, with 2022 projected to match last year's success, generating a solid net income with a SDE of $300K. Catering to all types of cyclists, the shop offers a diverse selection of bikes, encompassing Road & Gravel Bikes, Mountain Bikes, Helmets, Accessories, Components, and Clothing. Their technical department, renowned for excellence, features the Guru Fit System, which helps customers of all ages and skill levels find the ideal bike and riding position tailored to their preferences. The shop also