Electric Bike Company Looking For Strategic Buyer
An established UK manufacturer of electric bikes looking for a strategic buyer for either a merger or acquisition. The company on offer comes with 2 patents, qualifies for corporation tax reduction to 10% and has distribution access to over 150 UK independent bike stores.
Revenue is around £1M and £450K in gross profit.
Merging with a bigger operation makes the joint venture benefit from economies of scale and better utilization of overheads.
Financials (USD)
Asking Price $700,000
Cash Flow $400,000
Sales $1,000,000
Deal Terms
Represented by broker? No
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? No
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