Electric Bike Shop with Explosive Growth

Not Disclosed, FL
St. Lucie County

Asking Price: Annual Revenue:
$399,000 $901,905

Retail: Sporting Goods, Recreation

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RE: Electric Bike Shop with Explosive Growth Broker: David Ballou

Quick Facts

Asking Price: $399,000
Annual Revenue: $901,905
Net Profit: Not Disclosed
Cash Flow: $153,120
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 2
BBN Listing #: 3758630
Broker Reference #: 7301780923

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Business Overview:

This 13-year-old company sells electric bikes through a retail store and their online presence. About 30% of revenue is from service work. Be part of one of the most explosive industries. The business sells many models and brands from entry-level to higher end. Sale includes the territory and distribution rights to a few major brands. Sales up 67% in 2020 and continue to grow. Financials assume an owner-operator. Beautifully built showroom. The store has a service department and sells accessories for the bikes. Owners will assist with the transition. Must sell for personal reasons. Turn-Key opportunity. Please refer to listing number 7301780923, business broker David Ballou when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $3,000; Square Footage: 2,000; Building Type: Strip/Retaildds Terms & Options: easy to assign Expiration Date: 5/24/2025.

Market Competition and Expansion:

Non Compete : Miles: 50 Years: 3

Reason for Selling:

Personal Reasons.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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