Motorcycle Trike Conversions

Scott County, MN
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Asking Price:$65,000
Gross Revenue:$119,136
FF&E:$39,865
Cash Flow:$19,914
Rent:$750/Month
Established Year:2014
BUSINESS DESCRIPTION

A one-of-a-kind motorcycle to trike conversion company located in MN. The company has a patent on the conversion process and technology. Historically a single owner operated business, there is a large upside potential with added staff and advertising. Possibly relocating to a southern climate could further expose business to trike enthusiasts and offer a longer selling season. For addition information, please contact Barry Maring at 701-212-8530 or barry.maring@fcbb.com


DETAILED INFORMATION
Location
Scott County, MN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
896
Lease Expiration
01/11/2023
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 896 square feet with a Total monthly rent of $750. Lease ends 11/2023 with negotiable options. Seller is active. Hours of operation are 8am-3pm M-F. $39,865 in inventory and FF&E included in the asking price. $1,500 made in leasehold improvements. Other Assets include Patent $80,000 Prototype #2 1999 Honda Valkrie.
Financing
Lease options are negotiable
Support & Training
5 month training period
Reason for Selling
Retiring
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Barry
Maring
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Barry Maring