Motorcycle Trike Conversion Company with Patent for Sale in MN

This listing presents a unique opportunity to acquire a motorcycle to trike conversion company based in New Prague, MN. The business holds a patent for its conversion process and technology, setting it apart in the market. Historically operated by a single owner, there is substantial potential for growth through the addition of staff and increased advertising efforts. The seller also suggests that relocating the business to a southern climate could expand its reach to a broader base of trike enthusiasts and potentially lead to a longer selling season. The company was established in 2014 and generated $119,136 in gross revenue with a total income of $19,914. The asking price is $65,000. Key assets include equipment/fixtures valued at $39,865 and a patent valued at $80,000. The leased premises of 896 sq ft have a monthly rent of $750, with the lease expiring in November 2023. The business currently has no employees.