OPPORTUNITY TO ACQUIRE A SPECIALIST ELECTRIC BIKES RETAILER/SUPPLIER BASED IN THE UK
OPPORTUNITY TO ACQUIRE A SPECIALIST ELECTRIC BIKES RETAILER/SUPPLIER BASED IN THE UK
Overview
Description
Turnover for YE23 exceeded £665k. Forecast turnover for YE24 at circa £650k. Offers a comprehensive range of electric bicycles and accessories. Provides a wide selection of eco-friendly commercially attractive products. The e-bike market is predicted to have remarkable growth as already seen in European markets. There is existing and future government infrastructure and funding for e-bikes following the pattern set in EU territories. Operates from two showroom premises. The first is owned by the company on a long-term lease agreement, the second is leased from a private landlord. Also provides full coverage of workshop services including inspection, maintenance, upgrades and customisation. Provides services to clients nationally, circa 80% of whom provide repeat business. Strong second-tier management team. Offers invited.
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