Listing ID: 76574
Business Overview
A home-based, E-Commerce business means Flexibility and Control! The sellers offer design, patents, processes, and a supply chain developed over ten years to a visionary cycling enthusiast or existing e-bike company. The new owner speeds into an opportunity for immediate expansion via online ordering and a waitlist of customers. Demand is high due to its outstanding reputation, reliability, and safety. Don’t miss this opportunity to disrupt the e-cycling industry!
*Unique Product Features*
*Convert conventional bikes into E-Bikes!
*Rechargeable trailer attaches to the rear axel adding electric power
*Effortlessly travel 19 miles per hour up to 30 miles *Commute without sweat and without a car
*Environmentally Friendly
*Exceptional for recumbent cycles and adaptive cycling
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
Financial
- Asking Price: $195,000
- Cash Flow: $44,552
- Gross Revenue: $172,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2011
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Commercial building with 500 sqft. (Home Based)
Yes, 10 weeks.
This Business Is Home Based
Additional Info
The company was started in 2011, making the business 11 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons people decide to sell businesses. Nevertheless, the real factor vs the one they tell you might be 2 entirely different things. For instance, they might say "I have way too many other commitments" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these might just be justifications to attempt to hide the reality of changing demographics, increased competition, current decrease in profits, or an array of various other factors. This is why it is extremely crucial that you not depend entirely on a vendor's word, yet rather, make use of the vendor's answer combined with your general due diligence. This will paint an extra realistic image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses finance loans with the purpose of covering points like stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can indicate that profit margins are too thin. Lots of organisations fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that should be fulfilled or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area draw in brand-new customers? Most times, companies have repeat customers, which create the core of their day-to-day revenues. Particular variables such as new competition growing up around the location, roadway building and construction, and personnel turn over can impact repeat customers and negatively influence future revenues. One important thing to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business often, the greater the opportunity to construct a returning client base. A last thought is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? How might the regional typical household income effect future earnings potential?
