Loading Contents...

Want to receive new business listing alerts by email?

Los Angeles

  • Listing Number: 130-21905

    Category: Manufacturing, Retail, Wholesale

Asking Price $500,000
Gross Revenue $766,740
Total Adjusted Net Income $131,400
Equipment / Fixtures $4,000
Year Established 2018
General Location Los Angeles
Request More Information Print This Listing

Imagine being the owner of a very profitable, innovative electric bike and scooter company where customers leave with enthusiasm and a smile! Per Seller, electric bikes and scooters spiked in popularity in 2020 and show no signs of slowing down! This business designs, produces and sells a wide variety of stylish electric bikes and scooters that can be used for recreational fun and as an alternative means for transportation. The business has grown to be a staple in the electric bike community in Los Angeles and beyond. With its nationwide reach of over 100 independent & authorized dealers, the business is able to tap into the hottest geographic areas in the U.S. for electric bike & scooter consumers. This business has 5-star reviews and glowing testimonials as customers love their products. The business has grown organically since opening its doors and has growth potential. This is an amazing opportunity for a buyer, passionate about the industry, to step into an already established business and grow it to the next level. Call now! Or email inquiries to: Cecily.Vaughn@fcbb.com.

Gross Revenue
$766,740
Listed Price
$500,000
Total Income
$131,400
Base Rent
$2,138
Square Feet
1800
Total Rent
$2,378
Lease Expiration
05/2023
Rent Deposit
$4,280
Lease Options
1 and 3 years
Inventory
$110,000
Equipment / Fixtures
$4,000
Other Assets
Signage $2,000
Full-Time Employees
2
Training Period
four (4) weeks
Special License Required
n/a
Reason for Selling
Seller is moving out of the country.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

Request More Information Print This Listing