Franchised Bike Rentals for Tourist Industry For Sale

Business description

If you love the outdoors and enjoy people, this is the business for you! This profitable Company is part of a nation-wide franchise that offers a fleet of unique vehicles, including Surrey's, Mountain Bikes and Beach Cruisers and more, used to provide unparalleled outdoor recreation for sightseeing, people watching and a touch of exercise that will enhance any leisure time experience. This is an excellent opportunity for a partnership or husband and wife team. The buyer will possess exemplary skills in relationship building, communication, and management. The buyer should be somewhat athletic, with high-energy and a strong desire to work outdoors. Operating in key resort locations around the county, the Company currently operates from five different areas, strategically chosen due to the high volume of traffic each one receives from tourists and locals alike.

Franchise terms

Call Broker

Property information

Location:

Locations are created in a way to reduce overhead cost. Utilizing a Kiosk at most locations allows a Full Service Guest Experience without the additional rent of a storefront. The Main Office is a storefront on Harbor Drive that allows for office space, product storage, full product service maintenance and parts work area, and Guest Service Rentals.

Other information

Expansion potential:

Established business whose product is sought out by tourists; Strong Franchise Support; Profitable Company that caters to San Diego’s tourism industry; Minimal Competition; High Quality Equipment; Excellent reputation in the county

Competition / Market:

Because of the strategic placement of each location, the majority of business comes from repeat and walk-by traffic. They also have their own website with links to the corporate franchise site. A strong emphasis in the marketing campaign for 2008 will be on the internet recreational listing sites to drive guest to rental usage prior to their actual arrival. Also direct links to the cruise lines that have day visit options to San Diego are now being developed.

Support & training:

To be negotiated

Reasons for selling:

Seller pursuing other business opportunity

Trading hours:

7 days per week, providing continual service to the year round tourism industry in San Diego.

Financing available:

OWC $50,000 for 5 years @ 10% OAC

Inventory / Stock value:

$144,512 (included in the asking price)