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Summary
Self Service Bicycle Hire Stations – Adelaide SA This is a self-service hire business, operating 10 years +. Currently comprises of 10 stations (65 bikes) across Adelaide and surrounding areas.
Revenue
$72,000 pa
Expenses
$22,000 pa
Net Profit
$50,000 pa
Location Details
The self service stations are located in several different spots around Adelaide to Victor Harbor.
Including West beach, Brighjton, Glenelg, Mclaren Vale, Victor Harbor, Port Elliot.
Potential
This is an excellent investment for many, including existing bicycle shops/ repair persons etc– or someone seeking part-time home-based work.
• Earn money whilst working elsewhere - Passive income – Low overheads
• Minimal hours needed per week - Bicycles are basic and don’t require much expertise to fix with the potential to expand with spare equipment.
•Selling due to travel plans - Price negotiable with payment plan option.
Skills
Skills needed- bicycle mechanic/repairer. Basic understanding of software(provided). Phone support to customers. Drivers licence.
Hours
On call support to customers. Hours per week differ between summer to winter. Average around 20 hours per week.
Lease
Rolling agreements with locations every year.
Employees
No employees
Reason for Sale
Wanting to travel and enjoy some holidays.
About the Business
This is an excellent investment for many, including existing bicycle shops/ repair persons etc– or someone seeking part-time home-based work.
• Sole Operator Turnover range: $60,000-$110,000
• Earn money whilst working elsewhere - Passive income – Low overheads
• Minimal hours needed per week - Bicycles are basic and don’t require much expertise to fix
• 1 standard bike hire station with 4 bikes operates on approx. 4x3m area - Other locations hold 4 to 12 bikes per station
• Extra spare equipment allows potential expansion or to be sold elsewhere – With approx. 6 spare adult bikes and 4 kids’ bikes
• Approx. $3k to $4k of spare software, bike equipment parts, tools, spares etc
• Marketed via Google listing, website and leaflets - Business transportable if desired.
• Basic station training provided + phone support when needed for the first year
Selling due to travel plans - Price negotiable with payment plan option.
History
Been operational for 14 years, 10 years with the current operator. Has recently been given new software for additional payment options for customers within the last year. There are another 3 operators with the same equipment/software in Australia.
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