Car Rental
Location California,United States
Asking Price Range < $250K
Gross Revenues $360000
Net Profit / Cash Flow $160000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1992
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Retirement
Description Grossing over $360K annually with a Net of over $160K. Established car rental business of 21 years near LAX. Sales are mostly generated through internet, yellow pages, Google, and direct line at LAX with consistent sales over many years. Turn-key operation, fully trained reliable staff in place. Seller only works few hours a day. Rent for the 500 s.f. office is $900. The current fleet of 25 cars can be purchased for an additional cost of $120,000. Seller is suffering from poor health and is very motivated to sell. Average age of the fleet is 3 to 5 years. Office hours are Mon-Sat 8a-6p, Sun 9a-3p. For more information, please contact Brian Rezvany at 818-342 5222 x338
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