Ad ID: 84229

Last Mile Transport Company Business for Sale Christchurch

Relocatable -  Exceptional IP -  Design, Distribution & Retail

Location:
Asking:
$385,000
including all stock, plant and IP/intangibles
Type:

Business for Sale Description

Last Mile Transport Company Business for Sale Christchurch

• LMTC owns the Enabel brand and imports/sells its own range of eBikes and eScooters

• LMTC has exclusive distribution rights for Yike Bike and non-exclusive for Meepo, Citybug and Segway products

• LMTC has access to other brands seeking a distributor for NZ and Australia who are prepared to offer consignment stock & spares

Design & Distribution

• LMTC has spent $300k+ in R&D and has made material progress in developing its own suite of products, including battery power bank, eScooter, eBike and eSkateboard

• Prototype eSkateboard available together with 3D design files & drawings; Chinese suppliers and manufacturing partners are resolved

• eScooter – 3D printed prototype, 3D design files completed together with identification of manufacturing partners for parts & assembly • 20” folding eBike – 3D printed prototype, 3D design files completed, motor and drivetrain solutions together with identification of manufacturing partners for parts & assembly

• Multi-purpose power bank – 3D design files, operational prototype has been completed for a battery pack that is IATA air-travel safe and can be used with ALL these newly designed LMTC products

• Manufacturing partner for power bank identified along with supply chain and testing requirements

Retail

• An existing showroom/shopfront within the greater Chch CBD; including warehousing & workshop space

• Flexible and/or month by month lease available

• An e-commerce enabled website through which sales are/can be made

• $98k of existing stock at cost, representing

Business Resources

Reason For Sale

• YikeBike owns the LMTC business

• Owner/investor is retiring and rationalising his extensive business interests

• LMTC staff (Lincoln Sell) will be available to assist with the transition and appropriate transfer of the business IP

• Lincoln has extensive networks into China for manufacturing, sales and distribution which can be leveraged

The Buyer

• Someone passionate about electric transport for cities

• An entrepreneur with a bigger picture in mind

• An engineer who would like to complete the product development and grow their own brand globally

• A combination of the above, or syndicate of owners wanting to invest in a project that has compelling upside T

There is plenty of upside for a buyer but some investment in marketing will be required to kick-start the retail sales for immediate cashflow.

Interested In This Opportunity?

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Tabak Business Sales (Christchurch)
For more info
Contact:

Damien Fahey

Damien Fahey
0276 853 536
Tabak Business Sales (Christchurch)
Licensed REAA 2008
Broker Ref: chch

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