RV Rental Business in Prime Silicon Valley Location
Asking Price: | $475,000 |
Gross Revenue: | $156,000 |
This RV rental business has been running for more than 10 years with loyal customer base. It includes a fleet of nine RV’s all paid off. Each RV can be rented out to an average of $20K to $40K per year based on the demand for the year with significant peaks in the summer months. The key to profitability of this business is efficiently managing the RV fleet and maintaining them to optimize expenses. Currently, there are two employees who manage daily operations with owner involved in the new sales bookings generated through the website.
This business comes with branded website with online booking platform and an iOS app to manage complete day to day operations. Being in the prime Silicon Valley location proved access to diverse customer base. With new capital investment, the new owner can potentially add new RVs and renovate existing fleets to maximize revenue and profits.
The current owner is working part-time on this business and looking to focus on other ventures. It can be a good part-time opportunity as the business activity is primarily during summer months.