Listing ID: 80615

Business Overview

Maui’s premier ebike sales, rentals, & repair shop. As a dedicated electric bike retailer the business offers carefully selected e-bikes, designed and built by the top manufacturers such as: Bulls, Haibike, Magnum, Emojo, Izip, Raleigh, Rambo, and more. The business offers many different ebike models including: comfort, cruiser, commuter, terrain, hybird, fat tire, cargo, and folding. There is a try before you buy option. Fun experience of green alternative cost effective transportation, exercise, and recreation for visitors and locals. Located in a very high traffic tourist area.

Financial

  • Asking Price: $450,000
  • Cash Flow: $300,000
  • Gross Revenue: $750,000
  • EBITDA: N/A
  • FF&E: $5,000
  • Inventory: $125,000
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Rented shop.

Is Support & Training Included:

2-weeks free and 2-months phone consultation.

Purpose For Selling:

Retirement

Additional Info

The transaction shall include inventory valued at $125,000, which is included in the asking price.

The company has 1 employees and is located in a building with disclosed square footage of 1 sq ft.
The property is leased by the company for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell operating businesses. Nonetheless, the genuine reason and the one they tell you may be 2 absolutely different things. As an example, they may claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these might simply be justifications to attempt to conceal the reality of altering demographics, increased competitors, current decrease in incomes, or a range of other factors. This is why it is really crucial that you not count totally on a seller's word, but instead, make use of the seller's solution in conjunction with your total due diligence. This will repaint a much more realistic picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of companies finance loans in order to cover items like stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that revenue margins are too small. Many businesses fall under 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 consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that should be fulfilled or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location bring in brand-new customers? Many times, businesses have repeat customers, which form the core of their day-to-day earnings. Particular factors such as brand-new competitors sprouting up around the location, roadway construction, and staff turnover can impact repeat customers as well as adversely influence future revenues. One essential point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Certainly, the more people that see the business often, the higher the possibility to develop a returning consumer base. A last thought is the general location demographics. Is the business located in a largely populated city, or is it situated on the outside border of town? How might the local average family earnings effect future revenue potential?