Recreational Vehicle Rental Business - SOLD
Lake George, New York

   Price: $ 155,000                                                                Cash Flow: $ 75,000

 
BUSINESS: Located in the vibrant, heavily touristed area in New York's southern Adirondack Region, 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 scooters are purchased new each year and sold at the end of the season keeping annual maintenance costs to a minimum. 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: Established in 2003, this business leases 600 square feet of prime retail/office space in the heart of one of New York's most popular tourist areas. It has virtually no competition in its market area.

FINANCIAL: The business currently generates cash profit before owner’s take out, etc. of $ 75,000 on sales of approximately $ 125,000. There are significant opportunities for new ownership to grow the business. Sale includes furniture , fixtures and equipment valued at $ 90,000. The owners are relocating back to their home outside the United States.

 SUMMARY & TERMS: The business, including equipment, is offered for sale at $ 155,000, Cash preferred. Limited one-year seller financing available to qualified buyers. The sellers will stay on for a reasonable period of time to train new ownership and to promote a smooth transfer of the business.