Valet Bike Rental + Self-Service Racks + Repair (Charleston Area)
Business Description
Established bike rental business serving the Charleston, SC market with a unique combination of valet services, self-service rental racks, and repair capabilities. Operating since 2024 with exclusive partnerships with short-term rental agencies, we have created a steady customer pipeline in this popular tourist destination.
Business Model:
- Valet bike rental services providing personalized customer experience
- Self-service rental racks for convenient 24/7 access
- Bike repair services generating additional revenue streams
- Strategic partnerships with short-term rental agencies, ensuring consistent bookings
Financial Performance:
- Annual Revenue: $25,000
- EBITDA: $25,000 (100% margin reflecting very low operating expenses)
- Asking Price: $65,000
- Includes $10,000 inventory and $30,000 in fixtures, furniture & equipment
Key Advantages:
- Minimal operating expenses with a high-margin profit structure
- Established customer base through rental agency partnerships
- Multiple revenue streams (rentals, repairs, valet services)
- Prime location in Charleston's Berkeley County market
- Limited local competition with only a couple of bike rental businesses
Growth Potential:
- Owner estimates 2-3x expansion opportunity
- Zero marketing spend in the current year presents significant upside
- Charleston's thriving tourism industry supports demand growth
- Scalable business model with established infrastructure
Owner Support:
- Comprehensive training and onboarding assistance
- Ongoing availability for consultation as needed
- Selling due to portfolio prioritization, not business performance
This turnkey operation offers an excellent entry point into Charleston's recreational equipment rental market with proven profitability and substantial growth potential through strategic marketing investment.
Business Model:
- Valet bike rental services providing personalized customer experience
- Self-service rental racks for convenient 24/7 access
- Bike repair services generating additional revenue streams
- Strategic partnerships with short-term rental agencies, ensuring consistent bookings
Financial Performance:
- Annual Revenue: $25,000
- EBITDA: $25,000 (100% margin reflecting very low operating expenses)
- Asking Price: $65,000
- Includes $10,000 inventory and $30,000 in fixtures, furniture & equipment
Key Advantages:
- Minimal operating expenses with a high-margin profit structure
- Established customer base through rental agency partnerships
- Multiple revenue streams (rentals, repairs, valet services)
- Prime location in Charleston's Berkeley County market
- Limited local competition with only a couple of bike rental businesses
Growth Potential:
- Owner estimates 2-3x expansion opportunity
- Zero marketing spend in the current year presents significant upside
- Charleston's thriving tourism industry supports demand growth
- Scalable business model with established infrastructure
Owner Support:
- Comprehensive training and onboarding assistance
- Ongoing availability for consultation as needed
- Selling due to portfolio prioritization, not business performance
This turnkey operation offers an excellent entry point into Charleston's recreational equipment rental market with proven profitability and substantial growth potential through strategic marketing investment.
About the Business
- Years in Operation
- 1
- Facilities & Assets
- 1. Entire Fleet of adult (Men/Women/Unisex) and kids bikes
2. Bike trailers, Helmets, Locks + entire set of tools for repair and maintenance
3. (Optional) Toyota Tundra 2019 SR5 with a 6ft bed for >15 bikes capacity
4. Website + Online (Shopify) store
5. Multiple exclusive and non-exclusive with local partners (hotels, short-term rental agencies, businesses, etc.) - Website
- https://holycitybikerentals.com/
- Market Outlook / Competition
- There are a couple of local bike rental businesses in the Charleston area
- Opportunities for Growth
- Huge opportunity to expand at least 2-3x since we spent 0$ in advertising and marketing this year
About the Sale
- Seller Motivation
- Own multiple small businesses and resetting priorities
- Transition Support
- Very happy to support and train for onboarding purposes, and can be available as needed
Listing Info
- ID
- 2408225
- Listing Views
- 46
Listing ID: 2408225 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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