MergerPlace

Beach Rentals

Florida (Pinellas)


  • Asking Price: $975,000
  • Gross Income: $707,286
  • Cash Flow: $169,950
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $100,500
  • Listing ID: #216988
  • Established: 2006
  • Employees: 6 FT

Business Description

Beach rental business for sale in the Tampa Bay area. Here's your chance to make a change in your lifestyle. Hang out at one of Central Florida's top beaches all day and make money while you're at it. Established staff in place with no competition. Hotel construction slowed sales in 2019. 2020 numbers are strong and the business is having a huge comeback after the 2 month Corona Virus shutdown. Owner willing to finance a portion of the sale to the right buyer.


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Florida
County: Pinellas

Company Information

Year Established: 2006
Home Based: Yes
Franchise: No
Relocatable: No
Number of Employees: 6 FT

Financial Information

Asking Price: $975,000
Gross Revenue: $707,286
Cash Flow: $169,950
FF&E: $100,500
Seller Financing Available: Yes

Property Information

Facilities:

Kiosks and hotel locations with the Equipment that is rented located at a few of the hotels on the beach and another location. Percentage of the gross is the rate paid to the hotels to house the rental equipment.

Growth & expansion opportunities:

Huge potential for growth. Prices haven't been raised in years. Limited hours and limited marketing have slowed growth but that's an easy change for the next owner.

Competition:

Hardly any competition.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. Energetic and basic business skills.

Contact Business Seller

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Business Listed By:

Lonnie Veasley

Murphy Business Brokers