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South Lake Tahoe Bicycle and Ski Rental Business For Sale- Owner Retir

South Lake Tahoe, CA
Front view 1
Front view 1
Asking Price:$599,999
Gross Revenue:$272,063
Rent:$3,100/Month
FF&E:$12,000
Cash Flow:$160,000
Inventory:$84,000
EBITDA:$160,000
Established Year:2013
Listing ID: 2267714Listing provided by BizBuySell
BUSINESS DESCRIPTION

Turn-Key: Generate revenue immediately without additional investment

Tahoe Bike Company is a well-established 11 year old recreational bicycle rental shop conveniently located in the popular tourist destination of South Lake Tahoe, California. With over 11 years in business, we have built a reputation for providing quality rental bikes and excellent customer service to visitors looking to explore the beautiful Lake Tahoe area. Our turn-key business model presents a great acquisition opportunity for buyers interested in entering the active outdoor tourism industry.

As part of the purchase, we are including our entire existing fleet of well-maintained trekking, road, and beach bikes, and a variety of skis and snowboards suited for riders of all skill levels. Under the right management, this business can thrive! In addition, our highly visible storefront location on the main boulevard in South Lake Tahoe sees heavy foot traffic during peak tourism months. The transferable lease has favorable long-term renewal options.
The dedicated real estate is a major asset not always available to new recreational rental startups in the area.

ATTACHED DOCUMENTS
Tahoe Bike company other side of flyer4.pdf.pdf Download
Tahoe Bike - Ski Company816-1.pdf.pdf Download
DETAILED INFORMATION
Location
South Lake Tahoe, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,078
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility is located at 3131 Harrison Avenue, South Lake Tahoe, CA 96150 on a highly visible corner lot. located in the heart of one of South Lake Tahoe’s most exciting and beautiful lakeside neighborhoods. • We are centrally located in South Lake Tahoe • Next to Lake View Commons & Beach Access • On the Main Bike Trail Building Size: 1078 SF Lot Size: 0.31 acre The property owner is not interested in selling, just leasing, he is extremely flexible, 5, 7, 10, 15 year lease
Competition
Market: Tahoe Bicycle Company's revenue derives from the hot and booming tourism in the City of South Lake Tahoe that receive 15 million visitors per year who spend roughly $4.5 billion in direct spending. . Competition: We selected 3 competitors that closely compare to Tahoe Bike & Ski Company relevant to location, beach access, and business type. 1. Sierra Ski and Cycle Works 2. Sports LTD Rentals 3. Tahoe Bike rentals
Growth & Expansion
The ratio of rental sales Bike to Ski equipment is: Bikes 75% /Ski equipment 25% sales, this is due to the owner and manager's little involvement in the ski equipment Pros • Profit Margin: Enjoy an impressive profit margin of 35%. • Revenue Streams: Generate income through rentals, sales, and repairs of bikes and ski equipment. • Growth Potential: Capitalize on the growing tourism in South Lake Tahoe by expanding marketing efforts, introducing new services, and leveraging the demand for outdoor recreational activities Cons Weather can impact business.
Financing
100% SBA Financing Available
Support & Training
• Orientation and Training: Manager will stay on to show the new owner the system and how the business is run
Reason for Selling
Owner is retiring
BUSINESS LOCATION
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Charles Barthelemy
Phone Number
Charles Barthelemy
Call Phone