#1 E Bike and Fitness Equipment Franchise For Sale

Vancouver, BC

Seller Financing Available

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Asking Price:$599,000
Gross Revenue:$505,000
FF&E:$10,000
Cash Flow:$111,000
Inventory:$102,000
Established Year:2015
BUSINESS DESCRIPTION

Pre approved for conditional financing. We help buyers seek financing with a minimum of 10% cash required.

With an SDE of over 21% and an average growth of 80%, this business offers high end e bikes as well as fitness equipment via a unique franchise program.

As a franchise owner, you possess exclusive ownership of your designated area, a professionally crafted web presence, comprehensive marketing materials, ongoing business support, and robust online advertising resources. This is the original franchise location & has been successful for over 9 years.

The business has over 90% repeat business, a very robust maintenance program that is highly profitable as well as excellent Google reviews.

There is a full employee team in place with a long standing manager & multiple opportunities to grow revenues & profits.

Revenue is generated through retail sales, dealer sales, online sales, bike servicing, custom bike builds, and rentals, as well as through their long standing fitness & health brand.

Product is purchased by the corporate owner in large quantities which gives the franchise owner high margins. You then can purchase as little or as many products at a time. There is no minimum amount. This dealer design allows for low capital with 2-4 day turnaround for product delivery. Other bike retailers must plan ahead, predict trends and buy large amounts of inventory resulting in taking big risks and investing lots of money with lower margins.

The current owner is one of the original franchise owners and along with head office will assist the new owners to ensure their continued success & growth.


DETAILED INFORMATION
Location
Vancouver, BC
Inventory
Not Included in asking price
Real Estate
Leased
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Yes 3 full months of training and support is provided from current owner. Also ongoing support from head office.
Reason for Selling
Retirement
Franchise
This business is an established franchise
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VBS Group