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DealProspect/Listings/Hospitality & Tourism

Bike Hire Business on the Northern Rivers Rail Trail

Equipment Hire

ActiveHospitality & TourismNew South WalesB2C
Asking price
$350,000
Disclosed · AUD
Revenue
Earnings (est.)
~$136,965
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Bike hire and cycle business (Northern Rivers Cycles & Bike Hire) on the Northern Rivers Rail Trail
  • Prime Mooball location near Byron Bay, Tweed Coast and Ballina airport
  • 8,000+ customer database; 330+ Google reviews averaging 4.9 stars
  • Active social media following, including a 200+ member private Facebook group
  • Forward corporate and group bookings already secured
  • No direct competition on the Mooball section of the trail
  • Rail trail expansion underway, expected to boost future tourism traffic