Opportunity to buy a leading electric cycle business in California.
Overview of business for sale
The business has been established for 19 years and has built a good reputation that is indicated in its strong and consistent annual financial performance. It remains the veteran in the electrical vehicle with little to no competition and attractive pricing. Specializing in selling spare parts to both local and international customers, the business features a recent good resurgence in demand for the bike as well.
It is easy to relocate and all parts are sourced both locally and abroad. The cycle was also sold within Europe but should be recertified. It is documented, and the process of assembly is not complicated with minimal hand tool requirements.
The electric cycle business for sale would benefit from increased marketing efforts that would develop many opportunities just as airports, large distribution centers/ campuses, theme parks, and government facilities.
The cycle is known as a durable, safe vehicle with the ability to carry cargo. It features stamped, aluminium, welded & anodized body with a sleek design.
The client base is diversified as riders vary in age from 16 to the ’80s. The company also has a very efficient website where clients can order spare parts.
This electric cycle business for sale requires to have a space of 1-1,500 square feet.
The sale is due to the owner’s retirement. This business would be an excellent fit for an existing going-concern in the electric transportation space willing to expand their product lines without large expanses.
