SOLD – Profitable Electric Bike Sales, Rentals and Service Company for Sale

Business Description

This is the perfect opportunity to own a business in an extremely high growth industry. This profitable, branded electric bike company provides retail sales, bike servicing, bike rentals and an expansion opportunity to bike tours. The business is located in a perfect location downtown and adjacent to all of the river pathways. This opportunity is not a franchise but a license agreement and includes exclusive territorial rights for Calgary and an 80km surrounding area. A new owner could open multiple locations in Calgary and/or additional stores in Cochrane, Okotoks or even Chestermere. The Canadian licensor provides full support to any owner. The business has management in place and the current owner is not involved in the day-to-day operations. The owner is selling the business as he is moving out of the province and will provide training and transition support. Do not miss this amazing opportunity in this high growth industry.

Details

Business ID: CALG0017
Business Category: Sporting Goods, Hobby, Musical Instrument, and Book Stores
Location: Alberta, Calgary Region, Calgary

Status: Sold

Company Information

Year Established: 2018
Franchise: No
Number of Employees: 3

Financial Information

Asking Price: $ 379,000
Gross Revenue: $ 761,000
SDE: $ 130,000
FF&E (included): On request
Inventory: $ 50,000
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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