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E-bike Import & Distribution Business

South Africa
R500,000
Operating Business

This is an exciting opportunity to acquire and grow this exciting business into a successful national operation!

Bonus – This Business can be operated from Home anywhere in South Africa!

Established in 2019, this lucrative enterprise operates in the volume market with hi-quality upgradeable e-bikes. The product range  includes Road e-bikes, Mountain e-bikes and e-scooters.

The Business has doubled its turnover in the last financial year with huge opportunities going forward. With high profit margins this is an extremely attractive business.

Premises: The Business currently rents premises for storage of the e-bikes in Cape Town. The lease is on a month-to-month basis, so the buyer can relocate the business.

Staff: 1 Full time highly competent Manager and a few freelance agents who work on a commission only basis. (The owner has not been involved for the last year as he emigrated to Australia.)

Assets: includes a Delivery vehicle as well as Tools and spare parts.

Stock: Approximately R450 000.

Turnover:  2022 – R1,541 473.

Net Profits:R526 000 (R44 000 pm.)

Selling Price: R500 000 + stock. (This is a bargain and will sell quickly!)

Opportunity to get listed and supply Bike shops nationally.

Reason for Selling: The owner emigrated in May 2021 and is finding it difficult to operate the business from a distance in between his overseas obligations. Despite this the Business generated healthy profits, so with a hands-on buyer – there is huge scope for growth and greater profits!

More info will only be provided on signing an NDA and Proof of Funds.

Biz2Sell Business Brokers
Biz2Sell Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 92