Bike Rental - Seasonal
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $21819
Net Profit / Cash Flow $18871
Cash Flow Type EBITDA
Seller Finance No
Year Established 1968
Number of Employees 4 - 5
Inventory 27000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training The current owner will remain one season in ord...
Reason for Sale The owner has other business interests at this ...
Description 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.
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