Bicycle Manufacturing Business Investment Opportunity in Kozhikode, India

Startup venture producing e-bikes (electric bicycle) looking for investment to expand.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 160 thousand
EBITDA Margin 25 %
Industries Bicycle Manufacturing + 1 more
Locations  Kozhikode
Local Time 2:14 PM Kozhikode
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 200 thousand for 15.0% stake (Native Currency: INR 15,000,000)
Reason: - To increase the number of production. - Expand offline sales reach across India. - Development o... View More
Includes physical assets worth USD 2.7 thousand
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Business Overview

- Online platform for electric bicycle operating since 2017 & based out of Kozhikode.

- Completely an online platform & till date we have sold more than 150 bikes.

- On a monthly basis, we manufacture about 30 - 40 bicycle.

- Team has experienced engineers and management team.

- Recognized as a startup by Govt. of India.

- On average we get around 20 - 30 orders for products.

- Website has more than 1,200 registered users.

- Sales this year has been increased due to good fame in the market.

Products & Services Overview

E-bike (electric bicycle), smart e-bikes, electric vehicle.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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