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- RE: Technology Enhanced Car Rental Company
- Contact: Eugenio Lopez
Quick Facts
Asking Price: | $5,499,000 | |
Annual Revenue: | $1,280,611 | |
Net Profit: | $810,029 | |
Cash Flow: | $810,029 | |
Total Debt: | Not Disclosed | |
FF&E: | $3,000,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 3 | |
BBN Listing #: | 100348163 | |
Broker Reference #: | 1222-01202 |
Business Overview:
Miami - Orlando based technology enhanced car rental company that specializes in providing travelers with quality vehicles that enhance their experiences when visiting Florida. Their fleet of 75 convertible, electric and SUV vehicles, is advertised in various peer to peer platforms, where customers can rent them by the hour, day or month. They partnered with these platforms to be able to extend their renters the best alternatives when it comes to car rental insurance at the most competitive prices.They have been awarded all the highest honors from otheir platform partners from whom they are proud to hold an average rating from renters of 5/5 stars across all platforms. With their fleet located in the heart of Miami and Orlando, customers can pick up and drop off the car with great ease. customers can also request the car delivered to the airport or a specific location.
Business has been present in platforms since 2016 when they started with two vehicles. By end of 2020 they had 11 cars. by the End of 2021 they had 24 vehicles and by end of 2022 70. Today they own and operate 75 vehicles.
Business owns a prprietary revenue optimization tool that outperforms the average platforms hosts by 15%
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Reason for Selling:
Moving out of countryAdditional 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
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