Established Equipment Rental Business: Prime Outer Banks Location
Golf Cart and Bicycle Rental Business in the Outer Banks
On NextCompany since August 30, 2026 (46 days)
Outer Banks, VA areaEstablished 20123 FT + 1 PT employees
Business overview
This equipment rental business rents golf carts and bicycles to visitors in the Outer Banks. It sits on the main corridor in and out of the area, and it draws on steady tourist traffic and repeat visitors. The business opened in 2012 and runs semi-absentee with three full-time and one part-time employee. Vendor relationships and streamlined operations are already in place. Revenue has held steady year over year.
Gross revenue is $703,852 with cash flow of $416,967. The 1,200 square foot space rents for $5,788 per month under a lease expiring in July 2027; the landlord is open on options. The asking price of $1,549,000 includes $607,843 in furniture, fixtures, and equipment. No license is required. SBA financing is available for qualified buyers, and the seller offers two weeks of training. The seller names expanded marketing, online booking, partnerships with property managers, and fleet expansion as growth paths. The owner is selling to focus on other businesses.
Who is a good fit for this business
- Semi-absentee investors who want a seasonal, manager-run rental business.
- Buyers who qualify for SBA financing, which the seller states is available.
- Owner-operators who will grow the fleet and add online booking and property manager partnerships.
Details
- Reason for selling
- Other Businesses
- Real estate
- Leased
- Monthly rent
- $5,788
Frequently Asked Questions
The business rents golf carts and bicycles to visitors in the Outer Banks. Its location on the main corridor in and out of the area captures tourist traffic. The business opened in 2012 and operates seasonally. Repeat visitors and consistent vacation traffic support demand.
Gross revenue is $703,852 and cash flow is $416,967. The asking price is $1,549,000, which includes $607,843 in furniture, fixtures, and equipment. Terms remain to be determined.
SBA financing is available for qualified buyers, according to the seller. The seller does not offer financing directly. No license is required to operate.
The business rents 1,200 square feet for $5,788 per month. The lease expires in July 2027, and the seller states the landlord is open on options.
The business runs semi-absentee with three full-time and one part-time employee. Streamlined operations and vendor relationships are in place. The seller offers two weeks of training.