Bike Rental - Seasonal
Location:
United States
->
New Jersey
Industry: Entertainment and Leisure > Other Entertainment and Leisure
Business Summary
This family operated business was originally established in 1968 and has remained under the same ownership since inception. With close to four decades in the industry, this Company has strong ties within the community and enjoys unprecedented loyalty and customer satisfaction. Specializing in seasonal bike rentals, primary clients are tourists to the Jersey Shore. The seasonal company operates from Memorial Day through Labor Day. It has a good profit ratio within the industry and is known for it's friendly staff and quality equipment.
This company is centralized within a well known community and is situated in a great location. It also has excellent room for growth with minimal supplementary expenses. The following services make up the gross sales of the business: Bike Rentals (90%), and Lock Smith (10%). Contact for more information on this Bike Rental business for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$21,819
Cash Flow:
$18,871
Cash Flow Type: EBITDA
Inventory: $27,000
Seller Financing: No
About The Business
Year Established: 1968
Number of Employees: 4 - 5
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: The current owner will remain one season in ord... Reason For Selling: The owner has other business interests at this ...
Click on the "I'm Interested" button above for more information on this Entertainment and Leisure > Other Entertainment and Leisure business for sale.
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Print Listing Id: 70043786
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