Electric Sports

About the offering

Electric Sports Company is a veteran-owned retail and service business located in the Williamsburg neighborhood of Brooklyn, New York, specializing in electric bikes, scooters, and micro-mobility solutions. The company offers sales, repairs, and rentals to a diverse customer base that includes individual commuters, delivery workers, and local commercial fleet operators. It operates a dedicated service department capable of advanced diagnostics and upkeep for both personal and commercial electric vehicles. In addition to its mobility services, the business runs an integrated in-store café offering espresso-based beverages and grab-and-go food options, positioning itself as a community gathering space and daily destination for local residents. This multi-division model is designed to drive recurring foot traffic, increase revenue stability, and foster neighborhood engagement. During its first full year of operations, the company generated approximately $350,000 in revenue, having successfully transitioned from an e-commerce model to a physical retail and service location. The business operates with a sustainability-driven mission aimed at supporting electric transportation and reducing environmental impact in New York City. The company is seeking between $25,000 and $50,000 in debt financing through a 60-month loan at a 14% interest rate via Honeycomb's Regulation CF platform. Proceeds will be allocated toward equipment purchases (35%), coffee shop inventory (30%), payroll (20%), and facilities upgrades (15%). These investments are intended to improve repair turnaround times, expand the café's espresso and latte offerings as a high-margin revenue stream, and support overall operational growth across both business divisions.

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