LaMere Cycles Electric Bike Company - Over 14 Years in Business

Established in 2012, LaMere Cycles is a specialized electric bike manufacturer based in Eden Prairie, Minnesota, focused on premium eBike solutions. The company has developed the eSummit, positioned as the world's ultimate Class 3 electric mountain bike featuring full suspension, full carbon construction, and interchangeable rear triangle technology.

Business Overview:
- Annual Revenue: $486,805
- Asking Price: $950,000 (includes $1.8M inventory)
- FF&E Value: $100,000
- 3,000 sq ft leased facility at $4,300/month (lease through June 2025)
- Relocatable operation

Key Differentiators:
- Direct OEM accounts with industry leaders including Shimano, SRAM, and Fox
- Exclusive manufacturer of Class 3 eMTB (assists up to 28mph vs standard 19mph cutoff)
- Current inventory supports production of 40 complete eSummit bikes
- Features top-tier Shimano EP801 motors and batteries
- Interchangeable rear triangle allows conversion between fat bike and standard mountain bike configurations

Market Position:
LaMere Cycles operates in the rapidly expanding eBike segment with minimal direct competition for their Class 3 electric mountain bike offering. The eSummit serves dual purposes as both an electric fat bike for snow/sand terrain and a high-performance electric mountain bike.

Operational Assets:
- Established customer base built over 14 years
- Experienced full-time mechanic committed to staying
- Additional part-time technical support staff
- Direct relationships with premium component suppliers
- Substantial inventory of high-value components

Growth Potential:
The business has operated with zero marketing investment, presenting significant opportunity for revenue expansion through modest promotional efforts. The owner notes strong potential in the growing eBike market, particularly for Class 3 mountain bikes where competition remains limited.

Owner willing to provide ongoing sales support during transition. Sale motivated by owner's relocation to California for new AI venture.

This represents an opportunity to acquire an established manufacturer with premium product positioning, direct supplier relationships, and substantial growth potential in the expanding eBike market.