Car Rental
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $512441
Net Profit / Cash Flow $170706
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 1 - 3
Inventory 356500
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Seller owns several bus.; not enough time to properly manage this one.
Description This is a Houston area franchisee for one of the oldest and largest used car rental companies in the USA with locations in all 50 states. They buy, rent, and sell good conditioned used cars from economy size cars to full size sedans, pick-up trucks, mini vans, SUV's, etc. to retail and commercial customers for both short term and long term needs. In addition to national advertising by the franchisor, the franchisee advertises on cable TV, in many local yellow pages and by direct mail. Franchise Royalty Fee is $30 per car per month for cars in the rental fleet. They currently have 52 cars in their fleet as of May, 2010. They operate from an office park with ample room for parking cars and expansion of the business. Wholesale value of vehicles estimated to be $350,000. Buy this high cash flow business for the value of the assets!Contact for more information on this Car Rental business for sale.
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