Retail-Electric bikes-mobility scooters

Not Disclosed, FL
Volusia County

Asking Price: Annual Revenue:
$475,000 $638,099

Retail: Sporting Goods, Recreation

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RE: Retail-Electric bikes-mobility scooters Broker: Allyson Lightbody
Owner Financing is Available!
Seller financing available up to $237,500 for 60 months.

Quick Facts

Asking Price: $475,000
Annual Revenue: $638,099
Net Profit: Not Disclosed
Cash Flow: $179,452
Total Debt: Not Disclosed
FF&E: $9,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 2
BBN Listing #: 24730362
Broker Reference #: 47819072

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Business Overview:

Retail location selling motorized mobility scooters, adjustable beds, lift chairs, massage chairs, saunas and now their newest product line.... Electric bikes. Tremendous opportunity for the right owner to take this highly profitable business to the next level. Current owners recently were selected to become vendors for one of the hottest electric bikes on the market. The response has been incredible and they now have the chance to open two additional locations in the next 6 months. The national electric bike company offers all the support and tools necessary to be successful selling their product line. In addition to selling these product from their 3000 sq ft retail location in a busy shopping center they also sell them online. They have agreements set up with several vendors offering the highest quality mobility scooters, massage chairs, saunas, lift chairs & adjustable beds. They simply advertise these products online through various sites such as Craigs List, Wish, FB marketplace etc and once the ordered is placed, the item is drop shipped directly from the manufacturer. This model in conjunction with their retail sales allows for high profit margins!

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Property Features and Assets:

Retail location is a 3,000 square feet end unit in a busy strip center. A new Wawa is going in directly across the parking lot that will generate traffic of thousands of cars per day.

Market Competition and Expansion:

The products that this retail store sells are very unique and they have area exclusive vendor contracts. There is no other location that offers the types and brands of products that they offer. The closest store offering this brand of electric bikes is over 30 miles away. They have high margins that allow them to offer these products at competitive pricing.They have only just begun to promote this brand of electric bikes and the demand has far exceeded expectations. Current owners were offered the opportunity to open two additional electric bike stores within the next 6 months, one in Daytona Beach, the other in Mount Dora. Due to the pandemic, the demand for the other products such as the mobility scooters, massage chairs & saunas has also increased tremendously due to the fact that more people are looking for ways to enjoy their home, promote their health and get outside safely. With the right, motivated individual, this business is ready to go to the next level!

Reason for Selling:

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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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