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SELECTION: For sale, Palma, Playa de Palma, Non Catering

Bike Hire & Excursion Business for sale in Playa de Palma

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Sales Price:
Currency convertor € 65,000
Rental Price:
Currency convertor € 850
Transaction:
For Sale/For Rent
Business Type:
Non Catering
Term:
5 years
Tenure:
Leasehold
Area:
Palma
Reference No.:
b3395
View:
NA
Location:
Playa de Palma
Front line:
NA
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Reference No.: b3395
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Property Description

The business operates from a well located passing location to the start of the “business promenade” directly opposite a 4 star hotel and surrounded by many others either side. 100 m to the beach.

The business fundamentally is for the daily and often weekly rental of bicycles, rates vary from 5 euros a day for a basic city bike to 18 euros for a racer. There are also additional earning opportunities through ticket sales for the tourist attractions and trips. Plus the Quad and Scooter rental.
The business operates all year round, with a cosmopolitan mix of clients mostly from Germany, Britain and Scandinavia. Consistent trade with takings in region of 4,000 euros a month in winter and 12,000 euros in the summer months.
Opening Times all year 9:30am till 1pm, then reopening 6pm till 8pm. Summer time evenings will go on till 10pm.
 
COMMENT:
The business is originally part of a number of bike rental shops, with the owner having operated and managed for over 20 years. He is now looking to slow up and thus selling most of his sites.

Value for money ‘Bicycle Hire & Excursion business’ business currently operating with 70 bicycles (ranging from day bikes, racing, mountain etc..).

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