Profitable, Turnkey Cycling Product Business

Hurricane, UT
Road Bike Cover

Seller Financing Available

Asking Price:$300,000
Gross Revenue:$80,000
EBITDA:$48,000
Established Year:2017
Cash Flow:$80,000
Inventory:$200,000
FF&E:$5,000
BUSINESS DESCRIPTION

$1,500-$11,000 per month profit

I invented and sell online the best cover for bikes when transported on a vehicle-based bike rack. My designs have won patents, professional athlete endorsements, and work across a myriad of bike racks. The business is turnkey with a manufacturing coordination partnership that means I only need to do product fulfillment, customer service, and marketing as I'm too busy with other businesses. With virtually no marketing effort this revenue is generated. With adding more distribution channels like Amazon, bike shops, and other online retailers, this business can generate a lot more revenue. I just don't have the time. Purchase price is listed business price plus cost of inventory ($140 per bike cover and $75 per light kit). Inventory varies daily but sufficient to handle fulfillment needs given factory lead times. ZEALPro.com


ATTACHED DOCUMENTS
US9487346B2 - Patent - Full.pdf.pdf Download
US8881776B2 - Patent - Full.pdf.pdf Download

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Several racks, a 10x10 pop-up booth, and light kit assembly tools are included.
Competition
While there are other products on the market, our patent protection prevents them from providing light kit capabilities and closures for rack securing mechanisms, leaving competitive products inadequate and poor performing.
Growth & Expansion
Expanded sales channels will drive significant increases in revenue.
Financing
Will Finance Minority of Purchase Price
Support & Training
Seller will provide up to 40 hours of support to ensure new owner can operate independently.
Reason for Selling
I own many successful businesses and am preparing for retirement.
Home-Based
This business is Home-Based
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Gabriel Waters
Gabriel Waters