Sold-purposeful Tourism & Ooh Advertising Business - Perth & Fremantle, Wa

Business ID: BS153219 - Niche Company with Multi-Million Dollar Potential

This Unique Opportunity is perfect for a buyer who is passionate about Perth and is looking for a purposeful & meaningful role.

Western Australia's biggest Rickshaw Company, Peddle has no competition and growth is a given with the amazing relationships we’ve made in the tourism industry - connections that we will pass on to you.

Peddle is 3 businesses in one. Selling 480k of tours, 150k in Advertising & Event Activations and making 100k from renting the rickshaws out to our team of riders.

With several huge conference activations and advertising campaigns already chalked up, the team is ready to take this business to the next level with the new owner.

Business Highlights:

- Peddle provides mobile billboards, tours & a taxi service

- Strong social media following of 6000+ people + rapidly growing corporate client base

- Clients include Gage Roads, CGU, WA Museum, Uber, Kleenheat, TAFE, City of Joondalup, City of Perth, Quest Apartments

- 2022 Turnover: $695,000 Profit $93,000 (adjusted for add ons)

- Great warehouse spaces premises in Fremantle & Perth ($3500/month total)

- Assets of 22 rickshaws (Market resale value approx. $110k), 4 x Ester 4-seater E-bikes, 17 x Trisled Maxi Pedicabs + 1 Main Street.

- Fully stocked bike workshop with $10k of bike parts, tools, welder, power tools etc

- 4500 Mailchimp subscribers Ranked 1st page on Google for every tour in Perth

- Working IOS & Android app, 25 Eftpos Machines, 25 UE Booms, systemised biz, staff training videos built on Google Classroom, custom-built agency website going live in April & custom-built tour scheduling software IP!!

- 3 months' training & support offered to give you all the knowledge & connections accumulated working hard at this for 6 years.

The current owner/founder loves Peddle and the positive impact it brings to Perth (we “Peddle” Perth). He is selling because he is moving to Thailand.

There is huge possibility in this business with OOH mobile billboards, event activations, and corporate team building. Plus expect to sell 200k of Christmas Lights Tours this October / November!

His 5-year plan has the business expanding to Broome & Rottnest & getting into AR tours.

Peddle is now at the point where somebody with a passion for Perth & business acumen can bring this to the next level, all the foundations are created and we have an engaged workforce of 25 riders

Price: $350,000 + 3 months training

Property Code: 3291