Established Tour Business for Sale RVA on Wheels

Richmond City County, VA

Seller Financing Available
Established Tour Business for Sale RVA on Wheels
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Asking Price: $795,000

Cash Flow: $200,000

Gross Revenue: $1,032,000

EBITDA: $200,000

FF&E: $404,000

Inventory: $5,000

Rent: $3,200 /Month

Established: 2008

Established Tour Business for Sale RVA on Wheels

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Business Description

Established Tour Business for Sale RVA on Wheels

Established in May 2008, this successful tour business has grown significantly since it opened. The Company offers a broad assortment of tours and ways to see and discover Richmond. From trolleys and segways to electric bikes and electric cars. RVA On Wheels has something for everyone of all ages as well as corporate team building. Since inception, segway tours have been a fun way to entertain family and friends or provide a fun and unique team outing with work colleagues. History tours, beer tours, wine tours, ghost tours, food tours, Christmas lights tours, plantation tours and a ton of wedding charters all have been very popular on our vintage Chance trolleys. The Virginia Capital Trail-bike trail built in 2015 from Richmond to Wiilliamsburg along historic Route 5 in rural Virginia is an exciting path to numerous 17th and 18th century plantations and unique restaurants along the way. Richmond is on the move and has received a multitude of accolades from around the globe as a destination city for history, food and entertainment. With more than 15,000 customers last year alone, RVA on Wheels is the only one of its kind in Richmond and continues to have significant growth potential. Located in the best retail location in the heart of historic downtown Richmond, Shockoe Slip, it is perfectly situated to all points of interest. Very close to the historic James River, the State Capitol, Church Hill, Hollywood Cemetery, bike trails and many other historic and interesting points of interest, the company is perfectly located. Store staff, guides and drivers are experienced long term professionals, very knowledgeable and excel at telling unique, informative and entertaining Richmond stories. It is the ideal business for someone tired of the corporate grind or for putting a family member in business for themselves.

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Detailed Information

Location:
Richmond City County, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
1/31/2023
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2600 square feet of storage and retail space in heart of historic downtown Richmond. large windows, on the corner located in the midst of hotels, businesses, and restaurants. it is the perfect retail setting.
Competition:
It is the only segway and trolley tour business in the city. We are also the official Pedego Electric bike dealer and the official segway dealer for greater Richmond area. In addition to tours, rentals and charters, the company also sells and services segways and electric bikes.
Growth & Expansion:
Lots of growth opportunities. 10 Fortune 500 companies headquartered here. 1.2 million population in greater Richmond area. More than 7 million tourists visit Richmond each year. Downtown living, working and recreation all continues to grow significantly. Richmond has been recognized internationally as a prime destination site for tourists from all over the world. see visitrichmondva.com. The Company is also exploring the addition of Dukboats and partnering with cruise boats to see and discover the region from the James River.
Support & Training:
Seller will provide one year of training.
Reason for Selling:
seller wants to focus on new venture unrelated to tour business.
Business Website:
http://www,RVAonWheels.com
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Business Listed By:
Buck Ward

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