Outdoor Advertising Business
Leasehold £ SOLD
Very unique opportunity to acquire a well established and very profitable business with great potential to further expand
The business has two main income sources from advertising on the 39 rickshaw pedicabs including ad bikes and renting out the pedicabs
The business was established by the present owner and he has seen the business increase each year. This is a very unique business and has the potential to grow further.
The main income of the business is achieved through advertising revenue. Each of the 39 pedicabs has an advertising area on the back and sides. Presently there are large contracts in place from blue chip companies with further advertising contracts being negotiated.
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|Type of business|
|The pedicabs also bring in an income from being leased out at the weekends to self employed individuals, who then hire them to tourists and local residents, proving very popular with both. There are also nine ad bikes that can be customised to advertise any product from various companies. The other pedicabs can easily be used as ad bikes.|
Sector: Food & Drink
Leasehold : £79,000
Freehold : £425000
Leasehold : £45,000