We are pleased to offer an opportunity to own a profitable, well-established electric bike importer and online retailer in the fast-growing electric bike market.
This e-bike company has carved out a niche for itself by providing top quality, reliable electric bikes mainly online directly to consumers and by distributing wholesale to a growing number of retail shops.
FY24 Revenue of $4,600,000
FY24 EBITDA of $1,000,000
The direct to consumer online-only model allows the business to be operated from virtually anywhere, offering flexibility and convenience. Moreover, the new owner can rely on a visibly established brand identity, plus a strong, loyal customer base that contributes greatly to sales.
Key Features:
- Established Brand: Multi-award winning brand with a solid reputation built on reliability and customer satisfaction, this company has carved a niche in the lucrative electric bike market.Growth
- Potential: Positioned in a rapidly expanding industry, the business offers substantial opportunities for expansion into new markets and product lines.
- Proven Track Record: Benefit from years of operational excellence and a loyal customer base, ensuring a smooth transition for new ownership.
- Growing distribution network: growing wholesale relationships with brick & mortar retail outlets
- Large product range of e-bike models suited for different purposes such as city commuting, off-road adventures, and leisure riding.
- Profitable operations supported by efficient supply chain management and cost-effective manufacturing.
Ideal For:
- Industry Buyers: another bicycle retailer, either online or store-based
- Online and Brick & Mortar Retail Businesses: Businesses looking for a popular, profitable new product line to add to existing lines.
- Entrepreneurs: Those seeking a profitable venture with growth potential in a thriving market. The current owner was not from the industry initially.
For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://form-morgan-business.web.app//form/nynOC4xnAgiEyCTtOiet
