Ride Into Profits! Own Newport’s Favorite Scooter Rental Business

Asking Price$1,195,000

Cash Flow
$365,738

EBITDA$137,508

Gross Revenue$733,970

InventoryNot Disclosed

FF&E$219,000
Included in asking price
Real EstateNot Disclosed

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Ride Into Profits! Own Newport’s Favorite Scooter Rental Business


Asking Price$1,195,000

Cash Flow
$365,738

EBITDA$137,508

Gross Revenue$733,970

InventoryNot Disclosed

FF&E$219,000
Included in asking price
Real EstateNot Disclosed

Business Description
Established in 2005, Scooter World has been a leader in the Newport market for nearly two decades, consistently outperforming competitors and delivering 20 years of profitability. Operating seasonally from mid-April to late October the business generates significant returns while offering the flexibility of a 7-month work year.

Established in 2005: Nearly two decades of proven success in a thriving tourist market. 20 Years of Profitability: Consistent year-over-year growth with reliable cash Turnkey Opportunity: Owners offer hands-on guidance to ensure a smooth transition. Simple Business Model: Rental-based operations with seasonal staffing for low overhead, reduced risk. Option to hire a full-time manager for added flexibility. Seasonal Flexibility with Room For Growth: Operate 7 months per year (mid-April to November), grossing almost Multiple growth and expansion opportunities ready to be explored. Well Maintained, Diverse Fleet: Caters to all riders with 2- and 3-wheeled scooter cars, Polaris Slingshots, and 2- and 4-wheeled bicycles. Fleet is regularly updated with local mechanic support. Proven Market Success: Outlasted competitors in Newport's market.
About the Business
Years in Operation
20
Facilities & Assets
36 scooter coups (49cc)
30 scooters
30 trek bikes
2018 Toyota Tacoma with tow hitch, under 50k miles
Website
https://scooterworldri.com/
Market Outlook / Competition
This is the premier scooter rental business in Newport.
Opportunities for Growth
Opportunity to expand with more online presence, online advertising, adding jetski rentals as well.
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train new owner
Financing Options
Inquire for Details
Listing Info
ID
2433513
Listing Views
98
Business Location

Contact Seller

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Business Listed by: Jacob Belt Real Brokerage

Listing ID: 2433513 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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