Established Electric Bike Sales, Service and Tour Operator
Established Electric Bike Sales, Service and Tour Operator
Price: $149,000
Location: Texas
Industry: Sporting Goods, Hobby, Musical Instrument, and Book Stores
Listing ID: 20240801-1
Opportunity to join the dealer network of one of the oldest and established brands of Electric bikes! The U.S. e-bike market size was valued at USD 1.98 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.6% from 2023 to 2030. Rising demand for electric-bikes (e-bikes) not only for recreational activities but also for daily commute purposes, growing environmental concern for reducing carbon emissions, and increasing supportive schemes by the U.S. government to encourage adoption of the e-bikes are some of the key factors driving the market growth.
This business is being offered for sale for the estimated value of the assets. A buyer will need dealer approval and additional dealer required investments may be necessary.
Total Sales: $309,000
Cash Flow: N/A
FFE Included: Yes
FFE: $80,000
Training & Support:
As needed to insure a smooth transition and as may be required by the dealer brand.
Year Established: 2020
Employees: 3
Monthly Rent: $2,700
Type of Location: Leased, Lease Expiration: 7/31/2025
Facilities Information:
The business operates out of a quaint stand alone facility. All business assets convey including inventory.
Competition:
There is no other local competition for Ebikes in the market. The U.S. e-bike market size was valued at USD 1.98 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.6% from 2023 to 2030. Rising demand for electric-bikes (e-bikes) not only for recreational activities but also for daily commute purposes, growing environmental concern for reducing carbon emissions, and increasing supportive schemes by the U.S. government to encourage adoption of the e-bikes are some of the key factors driving the market growth.
Potential Growth:
Growth opportunities through additional advertising and a greater focus on tours and getting butts on bikes.
Financing/Terms:
Retirement
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