Regional Auto Rental Company
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $494764
Net Profit / Cash Flow $178164
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Provided by the seller for a smooth transaction.
Reason for Sale Semi-Retirement.
Description For over 22 years this auto rental business has proven its ability to deliver the best value for the money to its customers. In addition to car rental services a lease to own program is available. This non-franchised company adapts to its continuously growing client base consisting of body shops, car dealerships and a large concentration of Military personnel. Located in the panhandle of Florida, the demographics make this area an alluring vacation spot for tourists needing transportation. In addition, having a Dealer's License, the owner has the ultimate ability to tailor his fleet to the needs of the market he serves. The growth outlook for this business is huge. Bringing in an outside salesperson could tap into the corporate market and expand the Military clientele.
General Information
Employees: 3
Facilities: Location! Location! Very desirable and highly visible corner lot located on a busy highway in a popular commercial area. The average traffic count is over 25,000 vehicles per day. The .46 acre of real estate is available as a lease or a separate purchase for $225,000.
Fleet: The fleet ranges between 40 and 60 vehicles. These well maintained, late model vehicles are included with the business. The value of the fleet is benchmarked at $450,000, which is subject to change depending on the number of vehicles in the fleet at the time of a sale; the business, not counting the fleet, is priced at $299,000.
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