Profitable, Turnkey Cycling Product Business
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 |
$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