Electric Bike Shop for Sale: Own A Pedego Store & Say Hello Fun
Asking Price: | $144,000 |
Inventory: | $45,000 |
FF&E: | $25,000 |
Gross Revenue: | $559,000 |
Rent: | $2,700/Month |
Established Year: | 2021 |
As we begin our fifth season, Jeff and Sue are preparing to pass the torch of Pedego Sandusky, a beloved electric bike shop, and embrace retirement. This is your chance to take over a thriving business with a strong reputation, a loyal customer base, and unlimited potential for growth in the heart of a vibrant and growing tourism hub.
Business Highlights:
Gross Annual Revenue: $559k average over the past 4 seasons.
Loyal Customer Base: 100% 5-star reviews online.
Pedego E-Bike Sales: Top-quality bikes with a 5-year industry-best warranty, accounting for 47% of sales.
Pedego Dealer Agreement:
The new owner will need to be approved by Pedego Inc. as part of the transition process. This ensures that the operator meets the company’s standards and requirements for managing a Pedego dealership, maintaining the quality and reputation of the brand.
Service Expertise:
Servicing all makes and models, contributing 15% of sales.
Rental Revenue:
The area's only daily and weekly e-bike rental provider; 2024 rentals made up 12% of gross sales, with an expanded 2025 fleet of 15 units.
Parts & Accessories Sales:
Robust revenue from high-demand items.
Operational Details:
Staff: Currently 2 employees, with 3 during peak season.
Lease:
2,000 sq. ft. space with excellent foot traffic; lease renewable after April 2026.
Hours:
Flexible winter schedule (9 AM–1 PM, Wed–Sat)
Summer hours (10 AM–6 PM, Tue–Sun).
Location Perks:
Prime Visibility: Near high-traffic areas like the Sandusky Bay Pathway and Cedar Point.
Tourism Boom: Benefit from the area's 11–13 million annual visitors and a supportive local population.
Future Growth:
The upcoming expansion of the Sandusky Bay Pathway, connecting Bay View, Huron, and Cedar Point, promises increased interest, foot traffic and we estimate 3-5 time increase in rentals. A satellite rental location on Pathway near Cedar Point Sport Force Park (4 miles from shop) could be huge.
Training and Support:
Training Available: Current owners will provide hands-on training to ensure a smooth transition.
Mechanical Skills: Some mechanical ability is helpful to handle basic bike maintenance and repairs.
Ongoing Support:
Pedego offers excellent technical support, both in-store and online, making it easy to maintain operations and grow the business.
We’re open to discussions and will provide a flexible transition timeline to ensure a smooth handoff.
Ready to pedal into a bright future? Contact Jeff at number provided in this ad. If no answer, leave a message and text your contact info. We’ll get back to you ASAP! Feel free to call the shop as well, numbers listed everywhere online.
This isn’t just a business—it’s a community hub where adventure meets innovation. Seize the opportunity to shape the future of electric biking in Sandusky! ?????
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