E-bike Rentals, Sales, Service Apprentice to Owner Option

Profitable E-bike rentals, sales and service business established in 2010
Seller finance or Apprentice to Ownership in about 2 years

Practical Cycle is offering business property and operational training of a going concern with cash flow of $100k plus.
Value drivers are:
• Established in 2010 in Old Sacramento, relocated to Folsom 2017
• SW Corner of Free Parking structure, bike trail across the street.
• Historic District has good foot traffic, frequent events
• Diverse Revenue streams from rentals, sales, service, parts and accessories.
• Business property includes
⁃ Rental fleet of 50 items, 25 are electric,
⁃ Workshop with electric lift, large assortment of specialty and standard tools,
⁃ Repair parts, accessories.
⁃ POS counter with two stations,
⁃ Battery cabinets and other fixtures.
⁃ Wrapped 2016 RAM Promaster City delivery van.
• The POS has over 22,000 customers with data from opening to present.
• Other records include Quickbooks and official tax filings
• Excellent relationships with several key vendors, legacy Pedego Dealer plus several quality brands and opportunities
• Ideal for Owner/Operator
• Seller finance with $50k down
• Apprentice to ownership opportunity

Price of Business is $300,000
Rental Fleet $50,000
P&A $40,000
FFE $30,000
Digital Assets $50,000
Local Brand + $130,000

Apprentice to owner option, Down payment may be paid via payroll deduction

Training includes:
Business Administration
Sales Tax
Inventory Business Property Furniture, Fixtures, Tools & Equipment

Bicycle Service
Drivetrain Service
Brake Service
Tires & Tubes
Mechanical & Frame
Inventory Repair Parts

E-Bike Specialty

Rental Operation
Inventory Rental Bikes

Retail Operation
Inventory Parts & Accessories

A clean cut appearance, above average capacity, reliable availability, excellent reading and comprehension skills and absolute integrity are key requirements, mechanical aptitude and prior experience will be carefully evaluated. Please take a careful look at www.PracticalCycle.com and then send an email to tim@practicalcycle.com

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