$Seller Financing Available
| Asking Price |
$130,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$115,000 | Real Estate |
|
| Cash Flow |
$70,000 | Year Established | 2003 |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
Located in the vibrant, heavily touristed Town of Lake George, this business specializes in the seasonal rental of extremely popular and highly sought after motorized Scootcars, scooters and bicycles. Scootcars are a two person, gasoline powered, 3-wheeled motorcycle. They are classified as a moped and only require a regular driver's license to operate. 50cc and 150cc scooters make up the largest portion of the rental fleet. The business also offers rentals on conventional bicycles. Each type of vehicle can be rented on an hourly, daily or weekly basis. The business also sells a variety of promotional items including Scootcar tee shirts, personalized photographs as well as an assortment of cold, bottled beverages.
Facilities: The business leases 600 square feet of prime retail/office space in the heart of one of New York's most popular tourist areas.
Competition: This business has no direct competition in its market area.
Growth/Expansion: Significant opportunities exist for new ownership to grow the business.
Seller Financing Available: Yes
Financing: Cash preferred. Limited one year seller financing available to qualified buyers.
Support/Training: The sellers will stay on for a reasonable period of time to train new ownership and to promote a smooth transfer of the business.
Reason Selling: The owners are relocating back to their home outside the United States.

Carl J. Cusano, MBA
518-459-9070
Capital Business Advisors, Inc.
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