Custom Bicycle Component Company

Chattanooga, TN (Hamilton County)

Custom Bicycle Component Company

Asking Price:$250,000

Cash Flow:N/A

Gross Revenue:$400,000





Custom Bicycle Component Company

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Business Description

2 brands under one parent company. Brand 1 services custom bike builder market and brand 2 services high end mountain and road bike markets. Brand 1 includes custom designed and manufactured lug components for building custom bicycles, Brand 2 includes custom rims ,hubs, wheel sets, tires, chain rings, handle bar systems and other accessory items for high end mountain and road bikes. Network of global established bicycle distributors in place, established manufacturing base with company owned tooling. patent pending technology for new handle bar system filed and marketed globally. established name recognition and customer base. Over $150K invested in past 2 years in branding. IP marketing and custom website development. 3yr (2013-2015) average revenue in excess of $400,000. 2012-2015 growth rate of 45%. Experience management with excellent name recognition in bicycle market

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
1000 sq. ft. of warehouse space and 300 sq.ft of office space. Facilities are in good condition and are adequate for the business.
There is competition on a number of products from larger companies but no competition on new product about to be launched.
Growth & Expansion:
Business will grow much larger with the new product about to go on the market. Company needs a marketing owner that can take this business to 5M.
Support & Training:
Founder and the inventor of the products will stay with business
Reason for Selling:
Investment group who owns company are moving in different direction

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Bill Pinson

Business Listed By:
Bill Pinson

Pinson Group International

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