Established in 2010 to rent, sell and service electric bikes, cargo bikes and folding bikes.
Cashflow $100k plus.
Training and all business property are included to continue this profitable going concern.
Seeking a new owner operator due to pending retirement.
Price of Business is $300,000
Seller will finance with $50k down.
Upon fulfillment of down payment, ownership will transfer with balance due secured by a Promissory Note @ 6% APY
Apprentice to owner option, Down payment may be paid via payroll deduction
Example @ 16hr 50% of $1,280 bi weekly salary = $640 x 26 = 16,640 year or 3.
04 years 31 months
Example @ 20hr 50% of $1,600 bi weekly salary = $800 x 26 = 20,800 year , or 2.
4 years or 28 months
Example @ 25hr 50% of $2,000 bi weekly salary = $1000 x 26 = 26,000 year, 1.
9 years or 23 months
Training
Business Administration
Quickbooks
Lightspeed
Sales Tax
Payroll
Licenses
Insurance
Inventory Business Property Furniture, Fixtures, Tools & Equipment
Bicycle Service
Drivetrain Service
Brake Service
Tires & Tubes
Mechanical & Frame
Inventory Repair Parts
E-Bike Specialty
Systems
Motors
Batteries
Rental Operation
Process
Maintenance
Inventory Rental Bikes
Retail Operation
Display
Process
Inventory Parts & Accessories
A clean cut appearance, reliable availability and absolute integrity are key requirements, mechanical aptitude and prior experience will be carefully evaluated.
Take a careful look at www.
PracticalCycle.
com and then send a cover letter or note by CL reply please.
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