Established Car rental business in Los Angeles
| Asking Price: | $300,000 |
| Gross Revenue: | $190,000 |
| EBITDA: | $90,000 |
| Established Year: | 2020 |
| Cash Flow: | $190,000 |
| Inventory: | $187,000 |
| FF&E: | $10,000 |
Selling established long-term (month+) car rental business 80% of vehicles are rented.
Fleet of 21 cars (2010 Prius to 2015 Pris + 2 Tesla Model 3).
The rental software license is also included intact.
Commercial full coverage insurance for all vehicles is intact. All vehicles are in good shape and properly maintained. With cars, I will include 1 month of mentorship as well as a maintenance stand for hybrid batteries. Possibly, can be valued as a separate income flow.
Asking Price 300 000$
The average rental rate is 800-1000$ per month / 250-300 per week.
The yearly gross is approx 190 000
There are no obligations for rent (the new owner can rent any space, this is part of mentorship).
All vehicles are paid off with no loans left.
Reason for sale: possible move out of state.
This business is a quick way to start a rental car company with established insurance and LLC. Easily scalable business. The owner can assist with a marketing strategy for next year.
