Sold. Independent E-commerce Electric Bicycle Retailer

Independent e Commerce Electric Bicycle Retailer
Ref. GN011
Location : London Relocatable
Asking Price : GBP 45,000
Established in 2012, this is an opportunity to purchase an independent retailer of electric bicycles, designed in house with full manufacturing control via key suppliers in China and refined for the rigours of commercial use. The most successful route to market so far having been for use by the current and growing wave of home delivery/courier riders, which of course have the greatest demand for a bicycle of the highest product integrity.

These commercial customers include staff delivery and commercial riders plus individual contract riders from all over the UK.

The business undertakes the design and commission of cycles for manufacture in Shanghai, where an excellent business association has been built with the suppliers. This relationship gives specification control and continuity of supply for this business. A one stop shop for the end to end process from manufacturing to supply.

The business brand currently stands at two ebikes. A standard electric bike and a convenient foldable ebike that are designed and commissioned with each individual customer in mind.

The foldable ebike sets a new standard in the way riders can travel around cities. Allowing riders to get to places more quickly, beat the traffic and not worry about parking. It can be taken on trains, in cars, restaurants and much more.

For commercial riders the electric bike is very enjoyable. As an alternative to a motor scooter (for which you need a licence) the ebike is the best way to save money and be productive.

The business also has a fully functional and successful e commerce component of its attractive website and retails its bikes and accessories.

This opportunity should appeal to someone looking to add to a similar business or for someone wishing to start out on their own with an interest in this technology.

Expansion Potential
There is plenty of room for expansion. The UK market is sharing 20% year on year. 20% of the bikes on the road in Germany are electric compared with 0.7% in the UK. This is a target market that should follow an upward trend with additional marketing. A retail store where customers could browse the products could also be of benefit.

Practical and convenient there is plenty of room for expansion and to attract additional interest.

Market / Competition / Non-Competition Agreements
The business has a professional e commerce website to attract new business. Some business to business cold calling is done and also pop up stands at suitable events are used to advertise the products. Investment in additional advertising could help in developing the brand.