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High-Growth Electric Vehicle Shop

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Price: $200,000

Annual Revenue: $525,000

Minimum Equity Required: $140,000

SDE: $100,000

Location: Nova Scotia

Industry: Retail Trade

ID: 1331

Status: Off Market

Description

Looking for a profitable and environmentally conscious business opportunity? Look no further than our light electric vehicle company for sale in Nova Scotia!

This company is dedicated to providing and servicing top-quality, eco-friendly transportation options to our customers. From electric bikes to electric scooters and even electric ATV's, they have a range of products that appeal to a wide range of customers. Their products are designed with the latest technology and safety features, ensuring that our customers have a reliable and enjoyable experience with every ride.

As the new owner, you'll immediately benefit from their strong brand reputation and loyal customer base. Their team has spent years building a solid business foundation and establishing themselves as a trusted name in the electric vehicle industry. With their proven track record of success, you'll have the support you need to hit the ground running and be generating profit from day one.

In addition to their high-quality products, they offer exceptional customer service, which is one factor that sets them apart from many of the competition. They take pride in ensuring their customers are satisfied with their purchases and they go above and beyond to make sure the experience with them is positive.

This will be a very rewarding business venture for those who desire to make a positive impact on the environment and our community, or for someone who also has a desire for growth. This light electric vehicle company exhibits all the components required for next level growth. Will it be the perfect fit for you? Contact us today to learn more about this exciting and thriving business and take the first step towards your brighter future! It will not be available for very long

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions.

Financial Information

Asking price is plus inventory with a value of approximately $200,000, may vary upon time of purchase.

Annual Revenues and Seller's Discretionary Earnings
2023 (based on latest in-house financials)
Revenue: $525,000
SDE: $100,000

2022
Revenue: $750,000
SDE: $135,000

2021
Revenue: $710,000
SDE: $135,000

2020
Revenue: $335,000
SDE: $14,000

Operations

The business currently operates in a rented space of 2400 sq. ft. for shared front desk and front store space / inventory storage/ service area / bookkeeping / filing office equipment. Estimated market rent is $15/sq. ft. + $8/sq. ft. CAM.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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