Property

Bethany Beach, DE 19930

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Presented By: Jana Newton with Sea Grace @ North Beach Realtors - 4102504433; grace@northbeachrealtors.com
  • MLS# DESU2118548
  • 08/20/2026
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  • SQFT • 1,000

Home Details

Multi-location bicycle retail and rental businesses located in TAX-FREE DELAWARE! ALL SALES ARE TAX FREE. 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 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 frameworknot just a job. High-Margin Automated Rental Business: 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: The business delivers strong, defensible earnings with clear W-2 officer salary and S-Corp distribution histories. Growth Capital : Inventory of total clean retail stock and active, cycle-ready rental fleet inventory is available separately. Not included in sale price. 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 Non-compete agreement and non-disclosure agreement required. Serious inquiries only. Dodge RAM delivery van is not included in sale but available as a separate transaction. BY APPOINTMENT ONLY. NO DROP BY INQUIRIES.
Presented By: Jana Newton with Sea Grace @ North Beach Realtors - 4102504433; grace@northbeachrealtors.com

Interior Features for

Other Interior Features

Central Air Y/NYes
FlooringFully Carpeted, Tile/Brick
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for

Acceptable FinancingCash, Conventional, Negotiable, Private, Seller Financing
Accessibility2+ Access Exits
Association Recreation FeeN
Business NameThe FENWICK ISLANDER BICYCLE SHOP, OCEAN CYCLES AND FARM CYCLES
Business TypeOther/General Retail
CityBETHANY BEACH
Construction MaterialsStick Built, Other
CoolingCentral A/C
CountySUSSEX
Current UseRetail
DirectionsAGENT MUST ACCOMPANY. APPOINTMENT ONLY! NO DROP BY INQUIRIES
DisclosuresAgent Related to Owner
ExclusionsINVENTORY
HeatingCentral
Historic Y/NNo
Lease Amount FrequencyAnnually
Lease Considered Y/NYes
Location TypeDowntown
MLS AreaBaltimore Hundred (31001)
New ConstructionNo
Number of Units Leased3
OwnerPaysOther
Possession0-30 Days CD
Possible UseRetail
Price Per Sq Ft Total AG359.9
Property ConditionExcellent
Property SubtypeRetail
Property TypeBusiness Opportunity
Property UseInvestment
RoofUnknown
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Sussex DE QuadrantsBetween Rt 1 & 113
UtilitiesCable TV, Multiple Phone Lines
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2010
Year Built SourceEstimated
ZoningCOMMERCIAL

Exterior for

Building Area Total1000.00
Car Parking Spaces10
InclusionsLIST OF INCLUSIONS ARE LISTED SEPARATELY. OWNER CONSULTING ASSISTANCE FOR 4 MONTHS. TAX-FREE DELAWARE!
Land Use CodeCOMMERCIAL
Navigable Water Y/NNo
Other EquipmentNegotiable, See Remarks, Some
Total Loading Docks
Total Parking Spaces12
Type of ParkingParking Lot
Water Body TypeOcean
Water Oriented Y/NYes
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Karlee Torres

Realtor Associate
Price $359,900
MLS#DESU2118548
List Date 08/20/2026
Property Type Business Op
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