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Ebike And Mobility Scooter Store Business For Sale

Greater Moncton Area, New Brunswick, Canada
Asking Price:
$150,000 (CAD)
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$100K - $250K (CAD)

Are you interested in owning an established, growing, fun and profitable business? Hit the ground running on the first day of operation!

Started a few years ago as a hobby, Edrive Powersports sales have now surpass the initial expectations of the owner, it is now time to pass the opportunity to another entity to continue its development.

Edrive Powersports (division of Eastern Compact Equipment Center Inc.) specialize in electric scooters, electric motorcycles, electric bicycles, and mobility scooters. All requiring no license and no registration, therefore a perfect method of transport for many.

We carry 5 brands and many of our products are unique in Atlantic Canada. This allows for excellent margins and very little competition. Electric bicycles (Ebikes) are getting popular for various reason, the addition of motorcycle and scooter style Ebikes are attracting another crowd, and the new enclosed mobility scooter offer a whole new niche market. Sales are up 400% this year, partially due to COVID-19 that incites customers to find other solutions to public transit, ride sharing, etc.

Based in Shediac Cape, Edrive Powersports serves all Atlantic Canada. Buyer will have the option of moving out of this location or continue here.

The current owner would like to pass it to somebody else at the end of the 2020 season. Sales, administration and technical training provided.

Included in the sale:

-Name (Edrive Powersports)
-Website (www.Edrive Powersports.ca)
-Goodwill
-Access to 5 of Canada’s top brands
-Sales, administration and technical training
-Details on past customers for warranty purpose
-All electronic forms, flyers, etc. for a smooth transition from day one
-Trade show display + one trade show already paid for 2021 (Moncton Sportsmen Show)
-Start-up inventory (at cost)

You will need to register your own company and tax number because this is currently run as a division to another company. This is perfect for the hands-on investor.

Remember that I only operate this as a hobby, showroom is open only 2 days a week, the potential is almost unlimited if you have more time to spend on the business, opening satellite locations or depot in other Atlantic Canada major cities would also boost the sales as customer are currently coming to our showroom from a 4 hour driving radius.

Visit our website: www.EdrivePowersports.ca

Note that financial information will only be share in person during a visit.

Do not hesitate to contact me to schedule a visit to our showroom.

Property Information

Real Estate:

Lease

Lease Terms:

Buyer can stay or relocate

Leasehold Rent:

$26,400 (CAD) per annum

Other Information

Inventory / Stock value:
$80,000 (CAD)
Website:
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Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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