Business Description

A profitable electric bike business in a prime location at Historic Folsom, near popular bike trails and with a secure 10-year lease, is ready for a new owner. Practical Cycle, a well-known local brand with a large customer base and diverse income streams including rentals, service, and sales of parts and accessories, offers a solid revenue foundation. The business has an established online presence and is enrolled in electric bike subsidy programs, positioning it well in the growing transportation industry. With over 20 e-bikes, regular bikes, kids bikes, trailers, and specialty cargo bikes available for rent, this business caters to individuals, families, and large groups. The owner is looking to retire and is open to considering part trade for land or seller financing to a qualified proposal. There is great potential for growth, whether by expanding the current offerings, stocking new bikes, or venturing into new brands. The business is seeking an ambitious entrepreneur willing to invest time and energy into maximizing its fantastic growth potential in