Lifestyle business opportunity that has multiple revenue streams associated with it and significant intellectual property in terms of the designs of the device that is best in class and destroys all cheaply made overseas copycat crap. Has an obscenely low return / failure rate, has significant QC protocols throughout the manufacturing process to assure only top notch products are sold to the retail customer or through the wholesale supply chain. Small workshop area is all you need to manufacture the product, the Sellers are presently occupying about 4,000 square feet with half devoted to the manufacturing side and the other half to the distribution & small public facing retail side of things. Majority of sales of the manufactured device are via wholesale but the Company also does a brisk (typically cash) retail line of supplies (jars/chochkies, etc...) that keep them busy 9 months out of the year. It does tend to slow down in Winter and then pick back up in Spring. NDA is required for full package on file with Ace Business Brokers.
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Multi-purpose retail / wholesale / manufacturing location in an industrial park setting.
Competition: Other companies may offer similar products, but these products come with the reliability of a two year warranty and top quality components.
Growth & Expansion: Sellers do a great job with the product that they manufacture, business development could certainly be improved post-closing though.
Support & Training: As needed.
Reason for Selling: Two owners, one has already moved away and is retirement age.
NDA’s are always required to secure due diligence packages for our engagements. Please reference 680 Bike Shop when typing your name on our form please! Thank you!!
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