SOLD!

Details

Recumbent Trike Store Specializing in E-Assist Products

Asking Price:
 $199,000
Annual Sales:
 $530,000
Cash Flow:
 $120,000
Inventory: $40,000
FF&E: $3,200
Real Estate: Home Based
Employees: 2 PT Owners
Location: Front Range of Colorado
Reason For Sale: Retirement

 

Business Description

Conventional wisdom holds that cycling is more than a business, it is a lifestyle. It is never more true than with this business.

A Passion Combined With Expertise: Participate in two fast growing and profitable markets – e-bikes and recumbent tricycles. This unique business opportunity in the cycling market is located in Colorado’s Front Range, one of the hottest areas in the US for cyclists. This cashflow positive company is a regional leader in an emerging, fast growing niche in the market. The Company caters to active, affluent, and aging consumers. The average sales price for a bike from this company is north of $10,000.

Positive Impact on Special Needs Individuals: One of the most rewarding aspects of owning this business is the opportunity to positively impact the lives of individuals with special needs. Recumbent trikes have been reported to be life-altering for individuals who have experienced strokes, have multiple sclerosis (MS), Parkinson’s disease, or balance issues.

By providing them with a rewarding and transformative experience, you contribute to their well-being and overall quality of life. This element of personal fulfillment makes the business particularly rewarding and meaningful.

Owning this business not only allows you to escape the corporate world and own your own business, but also presents an opportunity to make a significant difference in people’s lives, while enjoying the financial rewards and growth potential of a thriving niche market.

This is an excellent opportunity for an existing bike shop to expand into a growing highly profitable niche or for a cycling enthusiast with a passion for bikes and people!

50% Owner financing available for the qualified buyer.

Represented by Dave Harris. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.