Scalable eBike Business
Hilton Head Island, SC
| Asking Price: | $600,000 |
| Gross Revenue: | $714,785 |
| Rent: | $6,520/Month |
| FF&E: | $75,000 |
| Cash Flow: | $380,238 |
| Inventory: | $290,000 |
| EBITDA: | $380,238 |
| Established Year: | 2019 |
Listing ID: 2301219Listing provided by BizBuySell
BUSINESS DESCRIPTION
Please note revenue and EBITDA numbers are 2025 forecasts supported by new contracts that take effect in January 2025. The business designs simple, safe, durable eBikes for the rental market and has them manufactured by the largest eBike manufacturer in the world. The company uses a revenue share model with bike shops and short term rental management companies and also sells eBikes out of its highly visible showroom location.
DETAILED INFORMATION
Location
Hilton Head Island, SC
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,700
Lease Expiration
30/09/2033
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The 2,700 square foot facility has a showroom, office space, storage and a eBike repair area.
Competition
There are competitors but the quality of their eBike sets them apart from the competition.
Growth & Expansion
Revenues continue to grow and the opportunity to greatly expand sales exists for an aggressive new owner.
Financing
Seller will finance 10% of the purchase price.
Support & Training
The current owner will provide extensive support and training on a negotiated basis.
Reason for Selling
The owner is retiring.
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