Niche Market Branded Cycle and Electric Cycle

Listing ID:
MONTRQC004-N857

Montreal, Quebec, Canada

Motorcycle, Bicycle, and Parts Manufacturing

Listing Status: Active

Sunbelt of Montreal West Island

Phone: (514) 694-0554
Fax: (514) 694-0554

The following broker is assigned to this listing:

Joseph (Joe) Harrel

jharrel@sunbeltcanada.com
Cell: 514-694-0554 ext 1

Description

Joseph Harrel Presents this Niche Market Cycle and Electric Cycle Import and Distribution company. Many products are targeted at the aging and handicapped market which has contributed to the steady growth of this business. As profitable as this business is it can still be grown. Demand is exceeding supply on many products and new categories are currently being created and tested. Custom offshore manufacturing to private specifications and branding of the product are part of the recipe of success. An aggressive new owner would take this business to another level. For a confidential meeting to discuss this opportunity please contact Joseph Harrel directly at 514-694-0554 ext 1 or jharrel@sunbeltnetwork.com

Financials

Asking Price:$775,000
Revenue:$920,000
Cash Flow:$160,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:N/A
Inventory Asking Price:$275,000 (Included in Asking Price)
Financing Available?No

Property

Type:Leased
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?Yes
Year Established:1996
Year Acquired:1996
Full-Time Employees:1
Part-Time Employees:3
Reason For Sale:A well deserved retirement from this owners second and final career.