Seller Financing
Asking Price
$75,000
Gross Revenue
$159,528
Cash Flow
Not Disclosed
Overview
Business
Description
OPPORTUNITY:
This niche retail business comes with a globally recognized brand and tons of upward potential! Priced to sell, this business is best suited for a single-operator wanting to be their own boss. With no employees, currently the overhead is very low and the learning curve even lower. This 3 year old business is primed for explosive growth and profitability.
The company is currently focusing on sales of high quality electric bikes, along with electric bike accessories such as bags, seats, pedals, gears, grips, locks & a variety of other items. Margins on bikes are big at 30% - 40%. The company currently does not rent out bikes. Rentals could be a potentially huge revenue stream that is very easy to add.
The Electric Bike industry is one of the hottest around. GlobeNewswire projects a Compound Annual Growth Rate of 12.6% through 2029! Leave the corporate world behind! Own your own business in a growing industry!
MOTIVATED SELLER - OWNER FINANCING AVAILABLE!!
HIGHLIGHTS:
* Established brand.
* Profitable Business in first 3 years. Now PRIMED FOR GROWTH!
* Additional revenue streams available to add revenues. Rentals, Tours, Maintenance & Repair services - all low hanging fruit to drive more revenues!!
ASKING PRICE
$75,000
Assets Include:
Inventory = $57,411 (included in Asking Price)
Equipment = $7,866 (Included in Asking Price)
For More Information Contact:
Shep Campbell
(870) 450-3734
[email protected]
Growth Prospects
The business can do three primary things to increase revenues.
1. Offer & promote rental services. The location of this business lends itself to bike tours. The business used to provide rentals, but no longer does. This would be easy to start back up.
2. Expand repair & maintenance services. The business already offers repair & maintenance services - but only for its products. Expand to include all bike brands, parts, and even non-electric bikes. The demand & ability are both present to expand this offering, which would generate immediate revenues.
3. Implement an E-Commerce component of the business to sell accessories and peripheral items online. There is a growing market and demand for these products.
Sale
Reason for Selling
The seller wishes to pursue other business ventures.
Training/Support
The seller agrees to provide training post-closing for a negotiated amount of time.
Premises
Facilities
The business rents a 4,000 sf shop in a nice, historic part of town. The business has a display floor, small retail section and a repair shop.
Location
Arkansas, AR
Contact The Seller
*Notice Regarding Third Party Advertisements: This Ad and all the contents are created and provided by the advertiser who is solely responsibile for the contents including without limitation, text, audio, video, images and links to other websites. We assume no liability or responsibility for the contents or the linked websites. Please click on links to Terms and Privacy Policy at the bottom of this page for additional information about the ads appearing on our sites.
