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E-bike designer and retailer in London and Surrey available for purchase with repair services offered

Undisclosed, Surrey

CONFIDENTIAL

  • Leasehold: £600,000
  • Turnover: £448,000 (£8,615 per week)
  • Profit: On request

Business Details

DESIGNER AND RETAILER OF PROPRIETARY E BIKES

Surrey.YE24 Turnover £448,000, with an adjusted EBITDA of £102,000.The company specialises in the design, retail, and servicing of e-bikes, including folding models, commuter step-through designs, mountain bikes, and fat-tyre off-road options.To complement its offering, the business provides an extensive array of repair, diagnostic, and maintenance services from its showroom.The company is being sold to pursue other unrelated business ventures.144% increase in turnover from YE22 to YE24.Strong foundations, proven products, and an established customer base, with several clear opportunities to build further upon success.Benefits from multiple sales channels, such as an e-commerce website, a showroom, and multiple retail partners.Affiliated with Cycle Tech UK. A member of the Association of Cycle Traders, Information Commissioners Office, and the local Chamber of Commerce.Operates from leasehold premises on a rolling lease, but also available as a fully relocatable opportunity.Offers in the region of £600,000
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'DESIGNER AND RETAILER OF PROPRIETARY E BIKES - 171251 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.