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ID: MV1881

Canadian E-Bike Manufacturing, Distribution & Franchise Company Seeks Partner for US Expansion

Canada, United States

Rapidly expanding Canadian E-Bike company seeks financial partner to continue Franchise expansion into the US.

ID: MV1881

Register Interest

Industry Overview

e-Bikes rentals are a Global Business
• $2.1 billion rentals in in 2021
• $11.3 billion rentals by 2031, growing at a CAGR
of 18.5% from 2022 to 2031

North America is a key market for e-Bikes
• USD 2.6 Billion in 2021
• USD 6.5 Billion in 2029

Business Description

  • 2 Corporate franchise operating
  • First franchise awarded
  • 2nd Franchise under contract
  • Letter of intent for area representation agreement to develop 25 franchise in Ontario
  • 10-15 operating franchises in BC by the end of 2024
  • Launch USA Spring 2024
  • 130+ franchises projected to be awarded by end of 2026 in US and Canada
  • Market Expansion into Australia & New Zealand possible in next 36-60 months
  • 25 Year production agreements
  • 8 Electric bikes and 5 scooters
  • Trademarked in the USA and Canada
  • 5000 SF distribution center
  • Full service facility in British Columbia

Financial Summary

Seeking $2m investment

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.