Lifestyle Business for Sale - Cycle Recreational

Be quick as there is high demand for recreational life style businesses with excellent returns and flexibility on working hours. This business offers the purchaser significant growth opportunity utilising existing assets.

The reopening of the borders, post Covid, the return of domestic and international tourists, presents exciting opportunities for explosive demand for cycling tourism in Otago.

Altitude Bikes is a well-established business operating since 2004 with excellent reputation and customer reviews.

The business provides Bike Tour Packages (including accommodation, meals, bike hire and transfers), Day Rides, Bike Rental and Private Shuttle Services to the many trails in the area, including Lake Dunstan, Central Otago Rail Trail, The Roxburgh Gorge and the Clutha Gold Trail.

Strengths of the business include:

Long trading history,
Well presented website generating the bulk of customer enquiries without commissions.
Multiple tour options catering to a wide range of customers and abilities.
High quality and well-maintained assets.

The business will suit an owner-operator or be attractive as a roll-up into an existing tourism business. There are good processes and systems in place to provide for a smooth transition to the new owner.

Price: $319,000 plus GST if any.

Location: Alexandra / Central Otago / South Island / New Zealand.

Revenue: $238,000
EBPIDT: $139,000

To fully understand what this opportunity offers please contact:

Sean Synnott
Licensed Agent REAA 2008
M: +64 21 2860749
E: sean.s@nexusbiz.co.nz

Agency reference #: NEX10487