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Last Mile Transport Company

Relocatable; Exceptional IP; Design, Distribution & Retail

$385,000 including all stock, plant and IP/intangibles - Christchurch



The Brands

  • LMTC owns the Enable 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


  • An existing showroom/shopfront within the greater Christchurch 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 a margin opportunity in excess of $100k

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

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.

Contact: Damien Fahey
Office: Christchurch

Confidentiality Agreement for Business Reference 050619, Broker Name Damien Fahey

Between Tabak Business Sales and the Interested Party.  The Interested Party must be an individual's name, NOT a company name.

In consideration of Tabak Business Sales (being any or all of Tabak Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 2008) and their respective business brokers) entering into discussions relating to the possible acquisition of the assets or shares of any business(es) presented to me by Tabak Business Sales and specifically the business referenced above, I/We hereby agree and undertake as follows:

  1. To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
  2. I acknowledge that the financial records, customer and supplier details and other information relating to the business to be disclosed to me shall at all times remain the sole and exclusive property of the Vendor and that such information is of competitive value and of a confidential nature and that loss or damage would be sustained by the Vendor if such information should be used or divulged by me for any purpose other than the evaluation of the purchase of the business or should it become into the possession of an unauthorised third party;
  3. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Tabak Business Sales;
  4. Not to make an approach to the Vendor of any business disclosed to me by Tabak Business Sales, or the business' staff, customers or suppliers without prior arrangement with Tabak Business Sales and to refer all queries through Tabak Business Sales;
  5. We acknowledge that Tabak Business Sales is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office;
  6. If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to Tabak Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 2008) as the case may be;
  7. If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Tabak Business Sales against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach;
  8. That all information is received for no other purpose than the evaluation of the investment potential of the business;
  9. If I decide not to proceed with the investment, I agree to immediately return to Tabak Business Sales all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
  10. Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.

Before proceeding with this Confidentiality Agreement, it is recommended that any prospective purchaser

  1. seeks legal advice.
  2. may or may need to seek technical or other advice and information.
  3. review Tabak Business Sales’ internal process in relation to any complaints.  A copy of these can be found here.
Mandatory Fields*