Well Established Electric Bike Franchise For Sale
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Retail Business For Sale in Vancouver, BC (Listing ID: 4017)
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Annual Earnings:
$111,000
Liquid Cash Invested:
$
Borrowed Amount:
$
Interest on Borrowed Amount:
%
Tagged Keywords
Well Established Electric Bike Franchise For Sale
Pre approved for financing. We help buyers seek financing with a minimum of 10% cash required.
With an SDE of over 21% and an average growth of 80%, this business offers high end e bikes as well as fitness equipment via a unique franchise program.
As a franchise owner, you possess exclusive ownership of your designated area, a professionally crafted web presence, comprehensive marketing materials, ongoing business support, and robust online advertising resources. This is the original franchise location & has been successful for over 9 years.
The business has over 90% repeat business, a very robust maintenance program that is highly profitable as well as excellent Google reviews.
There is a full employee team in place with a long standing manager & multiple opportunities to grow revenues & profits.
Revenue is generated through retail sales, dealer sales, online sales, bike servicing, custom bike builds, and rentals, as well as through their long standing fitness & health brand.
Product is purchased by the corporate owner in large quantities which gives the franchise owner high margins. You then can purchase as little or as many products at a time. There is no minimum amount.
$599,000 CAD
Vancouver, BC Retail Business For Sale Details
Independent
Legal Body:
Incorporated
Established In:
2015
Last Year of Completed Statements
2023
Gross Revenue:
$ 505,000
Annual Earnings:
$ 111,000
Land/Building Included:
No
% of Business Selling:
100%
Reason for Sale:
Retirement
Financing Available:
Yes
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
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