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- RE: Very Profitable Car Rental & Fleet Sales Business
- Contact: Bill Kelly
Quick Facts
Asking Price: | $7,500,000 | |
Annual Revenue: | $8,734,786 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $3,048,310 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 10 | |
BBN Listing #: | 946016 | |
Broker Reference #: | 9525-519419 |
Business Overview:
This thriving car rental and sales company has an protected and well recognized brand in the eastern US. The business was started in 2013 and has experienced excellent year-over-year growth. The business model is designed to support multiple locations in a multiple regions, with enhanced sales provided by an automated fleet and individual car sales platform. This combination maximizes profitability while providing a six-figure depreciation schedule yearly. The business model is also flexible, allowing the use of different platforms and affiliations at each individual location. The company’s market approach is differentiated by its focus on a unique market niche, providing the brand with a competitive edge for expansion. The organization is fully staffed with management in place, all supporting policies, procedures, and structure to ensure seamless growth without operational hurdles. There are currently five locations in three metropolitan cities on the east coast of the US, including three airport counters and two local market facilities. The business has very stable lease agreements that foster mutually beneficial partnerships with property owners. To underscore the companies commitment to accommodate diverse customer schedules, the business has established collaborations with local parking facilities, enabling convenient after-hour drop-offs using designated drop-boxes.
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Property Features and Assets:
Monthly Rent: $15,000.00
Lease Expiration Date: December 31, 2024, 9:00:00 PM
Market Competition and Expansion:
Expansion: IBISWorld says "here are 3,362 Car Rental businesses in the US as of 2023, an increase of 0.2% from 2022. This business has created a sustainable operation model and is expanding regionally, with plans to add additional areas of operation each year.
Reason for Selling:
Other Business InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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