Seller's Contact Information
- RE: Build A Brand Poised For Growth!
- Contact: Gina Chapman
Business Overview:
Exciting opportunity to own and grow a company that provides uniquely-designed bicycles to an upscale clientele! The lightweight and compact bike designs are especially popular with boat and RV owners, retirees, and urban residents. The seller has set up the business foundation (from design to manufacturing to sales) and it's ready for someone with the time and capital to take it to the next level!
Bicycles are handmade in two factories abroad using proprietary designs and then warehoused in the US. Current warehouse is in Virginia, but can be relocated anywhere.
All sales done via website direct to consumer. Bikes sell for ~$240-$900. Owner ships from warehouse to mainly US customers. Accessory sales make up about 2% of revenue.
Current owner is only putting a few hours a week into the business, as he has another endeavor that does not allow him to put the necessary time and investment into this company. This is a great opportunity for an investor who wants to build a brand!
Note: Listing price does not include inventory. Seller willing to provide a seller note of 10% of purchase price.
Property Features and Assets:
Monthly Rent: $2,300.00
Square Units (Foot, Meter): 3,500
Lease Expiration Date: October 6, 2027, 9:00:00 PM
Facilities: Warehouse outfitted with bike racks. Currently in Richmond, VA but can be relocated.
Market Competition and Expansion:
Expansion: With enhanced marketing and wholesale sales to brick-and-mortal stores, the great bicycle designs could become even more popular. Current owner unable to invest capital needed to produce bicycles to satisfy a waiting list of eager customers.
Competition:
Seller asserts:
- Great name and logo.
- Hand-made
- More attractive price point
- Customizable
- More responsive and fun to ride than competitor bikes
Reason for Selling:
Other Endeavors. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Opportunity Update!
Exciting update: Build A Brand Poised For Growth! has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!
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