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- RE: Personal Electric Vehicle (PEV) Co Make An Offer!
- Contact: Jim Goldman
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 40916076 | |
Broker Reference #: | JLG3001 |
Business Overview:
MAKE AN OFFER! The company designs, owns and distributes uniquely designed PEV along with a kick scooter and accessories. The products are designed with fun in mind and are bought by men and women from millennials to senior citizens. In fact, these products are also sold within the business to business space for promotional and branding programs.These products have appeared in many television shows, including, The New Girl, Fast & Loud, and The Tonight Show with Jimmy Fallon along with a couple of music videos. There are no geographic limitations as they are sold and shipped throughout the USA. The company also has two foreign distributors. These products also fit well within the growing “Green” micro-mobility market. The PEV product line consists of two battery powered 3-wheel scooters that differ in motor and features along with related accessories. Accessories include seats, covers, and attachable wagon and a brand name that gets over 10,000 searches per month on Amazon.These branded products have considerable opportunity for growth in all geographic regions as well as product diversification. They are not only sold within the retail market, but opportunities exist within the business promotional market. New designs have just started to hit the market and one patented design is ready to be developed. Professional factories are in place along with skilled employees in the USA. Company currently leases a 5000 square foot warehouse in the low cost, pro-business state of Texas. New web pages have been recently created, but very little has been spent on marketing or internet advertising thus giving the company an opportunity to expand brand awareness. New avenues of marketing both traditional and through social media will bring dividends. Company has small dealer base and there is interest from dealers throughout the country that have not yet been brought on board thus giving Buyer a quick way to increase sales and market penetration. Sales both in revenue and sales unit volume have been restricted to due lack of inventory and marketing. As distribution in Australia and New Zealand has just started, along with discussions with potential dealers and company advertising budgets increasing, sales for 2023 are expected to grow again by large percentages. As the federal government emphasizes the electric vehicle market, products like ours can stand to grow with the tide. A patent for another version of our PEV is available to allow further growth. This is the perfect time to purchase a company that is not only on a growth path, but also produces a product that brings smiles to customers and want to be customers.The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.Listing Liberty Exchange and Jim Goldman Consulting, Inc. For more information contact Jim Goldman, PrincipleTo request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Company currently leases a 5000 square foot warehouse in the low cost, pro-business state of Texas.Market Competition and Expansion:
Very few competitors in the USA GROWTH POTENTIAL & EXPANSION - Opportunity for growth both nationally and internationallyReason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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