Build A Brand Poised For Growth!
Relocatable, VA Not Disclosed
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- RE: Build A Brand Poised For Growth!
- Contact: Gina Chapman
Quick Facts
| Asking Price: | $25,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $5,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 949310 | |
| Broker Reference #: | 9525-977301 |
Business Overview:
Exciting opportunity to own and grow a company that provides uniquely-designed bicycles to an upscale clientele! The lightweight and compact bike designs are especially popular with boat and RV owners, retirees, and urban residents. The seller has set up the business foundation (from design to manufacturing to sales) and it's ready for someone with the time and capital to take it to the next level!
Bicycles are handmade in two factories abroad using proprietary designs and then warehoused in the US. Current warehouse is in Virginia, but can be relocated anywhere.
All sales done via website direct to consumer. Bikes sell for ~$240-$900. Owner ships from warehouse to mainly US customers. Accessory sales make up about 2% of revenue.
Current owner is only putting a few hours a week into the business, as he has another endeavor that does not allow him to put the necessary time and investment into this company. This is a great opportunity for an investor who wants to build a brand!
Note: Listing price does not include inventory. Seller willing to provide a seller note of 10% of purchase price.
To 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:
Monthly Rent: $2,300.00
Square Units (Foot, Meter): 3,500
Lease Expiration Date: October 6, 2027, 9:00:00 PM
Facilities:Warehouse outfitted with bike racks. Currently in Richmond, VA but can be relocated.
Market Competition and Expansion:
Expansion: With enhanced marketing and wholesale sales to brick-and-mortal stores, the great bicycle designs could become even more popular. Current owner unable to invest capital needed to produce bicycles to satisfy a waiting list of eager customers.
Competition:
Seller asserts:
- Great name and logo.
- Hand-made
- More attractive price point
- Customizable
- More responsive and fun to ride than competitor bikes
Reason for Selling:
Other EndeavorsAdditional 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:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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