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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