Buy a Highly Profitable Bike rental business for freehold sale, Playa Blanca 300.000 Euros in Canary Islands, Spain business opportunity for EUR €300,000.00. Buy a business

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Highly Profitable Bike rental business for freehold sale, Playa Blanca 300.000 Euros Business For Sale
EUR €300,000.00
Listing ID: 3624 | Our Ref: BFL339 | Agent: 424
Business & Financial Summary
Description:
Business Finder Lanzarote are proud to have been asked by the owners of this great bike rental business in the heart of Playa Blanca to represent it for sale. Situated less than 50m from the main Harbour of Playa Blanca on the busy footfall street, this bike business has been a great success for the owners for well over 5 years..

Ideally located to maximise the footfall from the main strip in Playa Blanca and commercial centres and also tourists visiting the island via the ferry terminal from nearby Fuertaventura, and many nearby apartment complexes and hotels the shop was carefully decided to ensure the overheads were kept to a minimum to maximise the profit being made.

The business has a large stock of 60 modern high quality bikes and accessories to ensure families and couples of any age can enjoy the promenade whilst taking in teh breath taking views over to Fuertaventura. All stock will be itemised and included with the purchase price of the business and the owners have a great replacement policy (bikes are sold 2nd hand after a certain number of uses to generate maximum return) and so the total bikes will be discussed at the time of the sale or when any reservation agreements are reached. The owner is also the islands importer for the brand of bikes most popularly used in the shop, so he is also able to supply such bikes to individuals and other businesses on the island.
 
Asking Price:
EUR €300,000.00 
Our Ref:
BFL339
Terms of Sale:
Share Capital 
Revenue (Income):
EUR €75,000.00 
Net Profit (Cash Flow):
EUR €60,000.00  
Time Established:
No. of Employees:
Expansion Potential:
Potential to expand into the rental of other forms of transport, not just bicycles.  
Competition/Market:
Very Little in this area 
Trading Hours:
10am - 7pm 
Reason for Sale:
Family reasons 
Support & Training:
Full support and training to be given by the owner on take over 
Owner Financing:
No 
Business Assets
Value of Fixtures/Fittings:
EUR €225,000.00 
Value of Stock/Inventory:
EUR €20,000.00 
Website:
Real Estate Info
Property Type:
Freehold 
Location:
Ideally located to maximise the footfall from the main strip in Playa Blanca and commercial centres and also just 100 meters from the resorts ferry terminal which links Lanzarote to nearby Fuertaventura, which generates additional footfall, and many nearby apartment complexes and hotels the shop was carefully decided to ensure the overheads were kept to a minimum to maximise the profit being made. 
Premises Details:
The premises is kitted out with everthing that such a successful business needs, and being highly visible from the main strip, this business must seriously be considered. 
Size (Sq meters or feet):
66 sq Meters 
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Buy a Highly Profitable Bike rental business for freehold sale, Playa Blanca 300.000 Euros business for sale
Buy a Highly Profitable Bike rental business for freehold sale, Playa Blanca 300.000 Euros business for sale
Buy a Highly Profitable Bike rental business for freehold sale, Playa Blanca 300.000 Euros business for sale
Buy a Highly Profitable Bike rental business for freehold sale, Playa Blanca 300.000 Euros business for sale

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