Listing #:1510282244

Established, Profitable Soft-Adventure Business with Blue-Chip Prospects

Otago Central Rail Trail
Location: Dunedin, Otago
This fantastic 'soft-adventure' business is a genuine turnkey operation with great cash-flow and significant upside potential

Cycle Surgery is a highly profitable business and has been providing bike hire on the Central Otago Rail Trail since it's inception in 2000. The company mission statement "Is to provide the ultimate cycling experience in New Zealand".

Dominant player in one of N.Z.'s top growth industries
Top industry Brand - Trademark protected
Innovative, purpose-built systems that facilitate easy management & minimal staff overhead
IP that has potential for further commercialisation
Well maintained, up-to-date plant & equipment - with innovations that enhance the customer experience
Substantial pipeline of business already committed (deposits paid) for the coming season
New, affluent growth segments
Untapped customer database ready for further 'mining'

Includes two websites (www.cyclesurgery.co.nz and www.railtrail.co.nz), two freehold buildings, extensive plant & equipment, Plus:

Bike Hire incl the first custom-made rail trail bikes designed specifically for the Trail conditions

E-Bikes - This means that many more people are now happy and able to enjoy the Rail-Trail with their friends.

Luggage Transfers

Shuttle Transfers

Tour Itineraries

The business operates from September through to Easter, meaning that you can take a break in the 'off-season'. But the cash-flow - deposits for forward bookings - keeps coming in.

Proprietary systems - including booking system (OBS - online booking system) that can be run and managed remotely. The IP has potential for further commercialisation.

Straightforward Compliance/Health & Safety

Price: Business $729,850 plus SAV (all plus GST) - includes goodwill, booking systems and plant. Buyer also has the option to purchase freehold land & buildings (instead of leasing) of $630,000 plus optional $348,500 of additional plant (all plus GST if any).

Agency reference #: 32883
Asking price: $729,850
Listed: Thu 4 Jan, 4:11 pm
Peter Gale
TourismProperties.com
  • Contact Details
  •  (021) 608107
  •  (021) 608107

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Agent's details

Peter Gale
  •  (021) 608107
  •  (021) 608107
TourismProperties.com

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