Motorcycle to Trike Conversion Company with Patent for Sale in MN
Financial Details
- Asking Price:
- $65,000
- Annual Revenue:
- $119,136
- Cash Flow / SDE:
- $19,914
- Profit Metric:
- Total Income
- Valuation Multiple:
- 3.3x
- Location:
- New Prague, MN, US
- Source:
- Date:
- September 24, 2025
Key Highlights
Description
This is a unique opportunity to acquire a motorcycle to trike conversion company based in New Prague, MN. The business holds a patent for its conversion technology, offering a distinct competitive advantage. Historically operated by a single owner, there is substantial potential for growth through increased staffing and targeted advertising. The listing also suggests that relocating to a southern climate could enhance market exposure and extend the selling season. The company was established in 2014 and generated $119,136 in gross revenue in its last reported period, with a total income of $19,914. The asking price is $65,000. The business operates from an 896 sq ft leased space with a monthly rent of $750, with the lease expiring in November 2023. Key assets include equipment and fixtures valued at $39,865, and a patent valued at $80,000. The owner is retiring.
Industry Information
- Industry Description:
- Motorcycle conversion company
- Classification:
- Manufacturing
Operational Snapshot
- Year Established:
- 2014
- Employees:
- 0
- Reason for Selling:
- Retiring
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $750 USD
- Lease Expiration:
- 2023
Assets & Inventory
- FF&E Value:
- $39,865 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $0 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Barry Maring
- Company:
- First Choice Business Brokers
- Phone:
- (701) 232-4020
Listing Details
- Listing ID:
- e90a941c-010d-46cd-bf69-337b1bc09be9
- Source Listing ID:
- 22443
- Deal Status:
- For Sale
- Last Updated:
- September 24, 2025
- Currency:
- USD