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Asking Price : $29,000

Annual Gross Revenue : $580,068

Annual Net Profit : $107,712

Profit Multiple : x0.27

Inventory Value: $50,000

R-Index : 1.1K

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From the Broker

Our e-Commerce business sells affordable and stylish electric bikes. Launched in 2015, the business has earned an average $8,976 profit/month and has an email list of 30k+ Subscribers. Optional in the sale is $50K inventory. The business has done over $1,740,000 in sales between March 2016 and April 2018.

In May of 2018, the owners of the business had an unsolvable dispute in their partnership and ceased advertising, effectively closing the business. No resolution was reached so the owners are looking for an exit.

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Sale Pending: No

First Seen: Fri, Feb 15th 2019

Last Updated: Fri, May 3rd 2019

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