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New, Fun, Good Roi - Bike Vending Machine
Location: United States -> California -> Northern California - Bay Area -> Santa Cruz
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

Spinway is an investor's dream business. Our automated bicycle rental stations require little to no maintenance and no staff to operate. Our systems operate like a bicycle vending machine. Guests of the resort walk by a bicycle rental station and decide they want a fun, affordable activity for the day. They insert a credit card, agree to our liability waiver, and rent a bike. You collect the revenue.

Spinway stations primarily partner with resort and hotel properties. Your target market walks past a Spinway station 10-12x a day. Guests love having bikes available for their holiday, and hotels love the new technology and amenity.

Spinway uses the newest technology in the recreational rental industry to provide a simple, automated rental process 24/7.

No brick-and-mortar investment, low overhead, and low fixed startup costs.

You may be thinking, ''Great, but where do I stick one of these?''

How about we do it for you? With 6 years of established partnerships with the top corporations in the world, Spinway offers a placement guarantee. You claim your exclusive territory, determine your initial investment size, and we bring you signed location contracts. When you partner with Spinway, you join in an established company that works with the top hotel brands in the world. We're currently located in Sheraton, Westins, Marriotts, Hiltons, Loews...to name just a few. With over 150+ fully deployed Spinway stations throughout the world, we're proud to offer an innovative, fun and popular rental system.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $200,000
Cash Flow:   $150,000
Cash Flow Type:  EBITDA
Inventory:  $72,000
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Extensive support and hands-on training
Reason For Selling:  Equipment Supplier




Print Listing Id: 700314388
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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