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Motorcycle Rental Business w Room to Grow!

Palm Beach County, FL

Seller Financing Available
Motorcycle Rental Business w Room to Grow!
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Asking Price: $125,000

Cash Flow: $95,991

Gross Revenue: $407,636

EBITDA: $95,991

FF&E: $270,000

Inventory: N/A

Rent: $4,000 /Month

Established: 2011

Motorcycle Rental Business w Room to Grow!

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Business Description

Great Niche in the Motorcycle Industry: Few competitors and high margins

Growing and profitable motorcycle rental business with two locations in South Florida for sale. Established in 2011, the company has steadily grown and now rents out approximately 30 top quality motorcycles. Strong margins and very few competitors. Owner started from scratch in 2011 and is semi-retiring. Three trained staff members work as independent contractors handling customer service and oversee the maintenance of the bikes (company does not do repairs itself). Asking price does not include the equity owner has in the motorcycles worth about $85K (the motorcycles themselves are worth about $260K and have about $175K in remaining payments) but subject to change. Asking price does include all the customer goodwill, very strong online presence, outstanding website, and online booking capability. A deep pocketed buyer could expand the inventory of bikes and immediately see more profits! Everything insured and clean books and records available for review. Some of the bikes are on consignment and not owned by seller. Company is not licensed to do repairs on premises but could do so. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form is required.

Detailed Information

Location:
Palm Beach County, FL
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Sky is the limit on expansion possibilities. Very few competitors and a buyer with more capital can simply accumulate and rent out more motorcycles, as well as opening up more locations.
Reason for Selling:
semi-retirement
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(from currently available funds)
 
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martin berliant

Business Listed By:
martin berliant

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