Electric Bike Company Looking For Strategic Buyer

Fife, United Kingdom
Asking Price: $700,000
Business For Sale Details
Listed on Apr 13, 2023

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.

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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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