Profitable Ride Share Company ($800k SDE)

Business Overview:

Profitable Ride Share Company ($800,000+ SDE) with Over 200 Vehicles.

This highly profitable and 5-year established ride share company offers a rare opportunity to own a business with robust cash flow and significant growth potential. With over 200 vehicles in its fleet and a proven model that generates consistent income, the company enjoys strong top-line revenues exceeding $3M annually and seller discretionary earnings (SDE) surpassing $800,000. Weekly renter payments from drivers contribute to a stable and high-margin business, resulting in consistent cash flow.

Large Vehicle Fleet: Well-maintained fleet of over 200 vehicles, providing ample capacity to meet current demand and expand services.
Established Partnerships: Long-term relationships with drivers and ride share platforms ensure a steady stream of business.
Growth Opportunities include: fleet expansion and geographic expansion with the potential to scale operations into new territories and capture untapped markets.

This is an ideal opportunity for investors or strategic buyers looking to acquire a highly profitable business in the fast-growing transportation sector.
Contact us today for more information and to explore this opportunity further.

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Property Features and Assets:

Square Units (Foot, Meter):23,000

FF&E Overview:
224 Vehicles made up of: Chevy Malibu 2022-2023
Nissan Altima 2019-2024, Ford Fusion 2017-2020, Nissan Rogue, Nissan Murano 2018-2022, Toyota Camry 2014-2023, Toyota Prius V 2013-2015

FF&E General Condition: Good to Excellent

Market Competition and Expansion:

Competition: 

There are very few competitors in this space with a fleet this big.

Expansion: 

Limitless based on capital to acquire more vehicles. Up to 1,000 vehicles could be used in a large market such as the Chicagoland area. These cars are rented consistently so that is continued room to expand while also exploring other markets.

Reason for Selling:

Moving on to other, current business ventures

Additional Details:

Relevant Links:

• View more Illinois businesses for sale
• View more Businesses For Sale in the same industry
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