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Reference: LH0001

ID: MV0495

Profitable E-Scooter & E-Bike Business For Sale, Western Canada Territory

Canada, United States

Factory direct, high quality, e-bike & e-scooter business for sale. Territory includes all of Western Canada (British Columbia, Alberta, Saskatchewan, Manitoba).

Reference: LH0001

ID: MV0495

Register Interest
Revenue:
$1.5m
Profitability:
11.3%

Industry Overview

In 2020, the global E-bikes market reached around 25 billion U.S. dollars. It is projected to climb at a compound annual growth rate of just under 10 percent between 2021 and 2028, to reach just under 48.5 billion U.S. dollars.

Global Electric Bike Market share poised to reflect 14.9% CAGR by 2028 to hit USD 69.24 Billion, eco-friendly mobility is boosting E-bikes demand: Says Facts & Factors.

According to a Facts and Factors market research study, the demand analysis of Global Electric Bike Market size & share revenue was valued at USD 41.35 Billion in 2020 and is anticipated to cross USD 69.24 Billion by the end of 2028, growing at a CAGR of 14.9% between 2021 and 2028. Giant Bicycles, Merida, Trek Bikes, Riese & Muller, Fritzmeier Systems GmbH & Co. Kg, and others are among the leading market players listed in the report, along with their revenues, sales, and strategies

- https://www.fortunebusinessinsights.com/electric-e-bike-market-102022

Location

The territory license includes all Western Canada (British Columbia, Alberta, Saskatchewan, Manitoba). Our current warehouse, showroom & distribution center is located in British Columbia, but can be relocated anywhere is Western Canada.

Business Description

We are an E-bike & Scooter manufacturer/distributor with 7 E-bikes and 5 Scooters in our approved production line with many more products in development. We have our own manufacturing warehouse, a 50-year production/cooperation agreement, with in house factory representation and capacity to produce up to 200 000 E-bikes per year. We are factory direct, which lowers our cost and allows us to maintain quality control for the products we design and manufacture and gives a significant price advantage with no middleman.

What's Included:
  • $1,000,000 In Inventory (Bikes, Scooters & Accessories)
  • $200,000 In tools, warehouse racking, service department, parts, equipment, fork lift, office supplies, etc.
  • $200, 000 in goodwill
  • 4400 square foot warehouse & 400’ of office/showroom space
  • Licence to use our name, branding & website
  • Exclusive territory, BC, Alberta, Sask, Manitoba
  • Training & Consulting
  • Book of Business
  • Guaranteed production contracts

Financial Summary

  • $1.4m sales in our first 18-months of operation.
  • Projecting sales of $3 000 000 within 24 months
  • Projected normalized gross profit would be approximately $340 000 per year based on $3 000 000 in sales
  • Full budgeting & cash flow projections available
  • Minimum Liquid Capital Required: $1,200,0000

Investment Rationale

We have ownership/partner in our own factory in China and are factory direct, which lowers are cost, allows us to maintain quality control for the products we design and manufacture and gives a significant price advantage, with no middleman. Our factory will have capacity to produce more than 200 000 bikes per year.

Why Choose This Opportunity:
  • With an existing line of 8 quality E-bikes, 5 Scooters and more on the way with all admin & operations in place you can hit the ground running
  • With the increasing demand for alternative modes of clean transportation (Emobility), this is a business & industry that is booming
  • We have ownership/partner in our own factory in China, are factory direct, which lowers are cost and allows us to maintain quality control for the products we design and manufacture and gives a significant price advantage with no middleman
  • Each Master Licence comes with an exclusive territory
  • There are existing government subsidies, grants & tax breaks in place to encourage the sale of E-mobility with more being added every day
  • You are not limited to E-bikes & Scooters as we are adding paddleboards and other outdoor adventure products
  • Multiple Revenue Streams:
  1. Sell E-bikes, Scooters & Accessories within your territory to retailers
  2. Open your own retail locations and/or sell franchises in your territory
  3. Sell direct to consumers via drop shipping
  4. Rent out E-bikes and Scooters
  5. Service department revenue

What We Are Looking For

We are looking for a partner who has a proven track record in retail/wholesale sales, has successfully scaled up a retail/wholesale operation in the past and wants to grow with us. We have been profitable in our first few years of operation with most of our resources focused on the products rather than the marketing side. With the right partner we can concentrate our efforts on developing better E-bikes & Scooters, marketing/building the brand and expanding the North American distribution.

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