Electric Cargo Bike Manufacturer

Business Overview:

This is a unique opportunity to acquire a business that has built success one customer at a time. Using a cargo delivery tricycle platform, this company works with clients ranging from entrepreneurs to Fortune 500 companies to go straight to customers with product samples or pop-up product vending and a variety of customer facing opportunities. This creates an intimate, unique and creative way to touch customers and spread the brand experience. This company has helped Fortune 500 product companies, cities and entrepreneurs create an attractive approach to enhancing the customer experience. Clients have used this platform as a rolling billboard for promotion of their products or for utility within their business where they can enable a service and showcase the brand they offer. When you come rolling in with one of these trikes, you will draw a crowd of curious people and create a brand experience like no other. This business currently operates in the U.S and Canada along with some international client shipments. 

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Property Features and Assets:

The owner would like to move on to other interests and is seeking a buyer or a partner to take the business to its next chapter. This business is located in a 30,000 square feet property

Monthly Rent: $15,000.00 Square Units (Foot, Meter): 30,000 Terms Options: negotiable

Market Competition and Expansion:

This business has built itself one customer at a time and expanded through word of mouth and outreach to other businesses. Once someone experiences the platform, creativity kicks in and the opportunities are endless. What’s unique about this company is that they build cargo tricycles as a platform that is used for brand marketing, product sampling, vending or utility. It fits a niche that very few are competing in. Additionally, the client portfolio of this company is a venerable “who’s who” of legacy and emerging brands. Cities use the platform for rolling libraries. Food and drink companies use them for sampling and vending of their products. The list goes on. If you can dream it, you can find a way to reach your customers. The owner has focused on only what they can manage and has not expanded. A new owner can invest to scale the business which can enable growth and expansion. This business is poised for the next chapter. Take this business and accelerate a marketing strategy to broaden its reach whether that means expanding its current offering to more markets, expanding product offerings, or entering new categories. Additionally, there are some great use cases that can be expanded to other client brands.

Reason for Selling:

Owner pursuing other interests.

Additional Details:

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