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South Florida

  • Listing No.: 109-10413

  • Category: Auto

Asking Price $125,000.00
Down Payment $125,000.00
Gross Revenue $407,636.00
Total Adjusted Net Income $95,991.00
Equipment / Fixtures $260,000.00
Year Established 2011
General Location South Florida
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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.

Gross Revenue $407,636.00 Listed Price $125,000.00
Total Income $95,991.00 Down Payment $125,000.00
Base Rent Square Feet 4800
Total Rent $40,000.00 Lease Expiration 12/2023
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements $10,000
Equipment / Fixtures $260,000.00 Other Assets
Full-Time Employees Training Period two weeks
Part-Time Employees Special License Required None
Contract Staff 3 Reason for Selling semi-retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

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