Electric Bicycle Retail Store In Vancouver For Sale

Business description

• Pioneer in its field, the company is in a “green” and fast growing market,
• It has its OWN brand name, trade mark and has acquired a strong reputation in the Vancouver area,
• Solid relationship with manufacturers in China and the US,
• Very strong internet presence through a popular website that attracts 11,000 visitors per month,
• Excellent customer base that offers excellent referrals, hence new sales,
• The store is located in a prime retail location with high traffic,
• Sales are at $260K and growing at a fast rate of 30%,
• Strong opportunities to increase sales throughout the Province with a dealership model and additional related product lines,
• Existing partnerships with Richmond, Surrey, Powell River and Toronto retail locations,
• Existing owner is fully committed to assist the new owner through training and mentoring,
• Very well structured company with very functional IT, administrative and accounting systems,

Property information

Real Estate:

Lease

Leasehold rent:

$1,872 per annum

Location:

Prime retail location in Vancouver

Other information

Expansion potential:

There are proprietary brands that can be distributed to other retail locations or through a franchise set up.

Competition / Market:

Very little competition and none that offers such quality of service

Support & training:

Owner is willing to offer any training and support to prospective buyer

Reasons for selling:

In order to pursue other current business ventures

Financing available:

To be discussed based on the buyer's financial history and guarantees

Inventory / Stock value:

$50,000

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