Established Electric Bike Sales and Service Business
Colorado
| Asking Price: | $500,000 |
| Gross Revenue: | $1,213,978 |
| EBITDA: | $178,000 |
| Real Estate: | $780,000 |
| Cash Flow: | $178,000 |
| Inventory: | $307,000 |
| FF&E: | $45,000 |
| Established Year: | 2011 |
Listing ID: 2059312Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established electric bike sales and service business serves residents and tourists in a major Colorado market. The business has grown steadily since its inception in 2011 and is ideally located near many trails and recreation opportunities. The business operates from a 4,000 square foot facility which is owned by the seller. The seller would lease the facility to a new owner of the business at the existing rent for three years with two three-year options to renew and a 5% annual rent escalation. The building can be offered separately for its appraised value, approximately $800,000.
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
4,000
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully equipped electric bike sales and service operation with convenient access and parking, ideally located near many trails and other recreational opportunities.
Competition
There are other bike shops that carry electric bikes, but none that sell electric bikes exclusively.
Growth & Expansion
Open additional locations.
Support & Training
3 - 5 months, as necessary.
Reason for Selling
Owners are nearing retirement.
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