Unique Auto Rental Leasing sales and service operation for sale
| Asking Price: | $2,950,000 |
| Gross Revenue: | $8,000,000 |
| Rent: | $16,000/Month |
| Established Year: | 2014 |
| Cash Flow: | $550,000 |
| Inventory: | $3,500,000 |
| FF&E: | $225,000 |
Boutique full service car sales, service, and rentals in Key West
What started as a fun idea to retire has grown into a sustainable auto dealership/rental business hybrid. Renting Jeep Wranglers, Mini Convertibles, Polaris Slingshots, Golf Carts, Low Speed Vehicles, Bennington Pontoon Boats. Selling the inventory right off the lot improves return. Partnerships with Polaris Adventures, Economy Rent A Car, Free2Move (Stellantis), GEM, STAR EV and EZ GO. NAPA Auto Care center.
Car Rentals - generates $1.6 million in revenue per year, with room for growth. Buy your own cars ar partner in a sublease with Stellantis - Stellantis provides vehicle insurance.
LSV rentals - Key West is one of thebest market to rent LSV's. As the dealer you can rent without local restrictions, and you sell cars and parts to the dozens of existing rental cars. Recent expansion into RV parks leaves room for growth.
Car sales - your entire inventory is for sale, and you can take depreciation on the entire fleet to offset income
Leasing - we have a nice fleet of 30 vehicles out on lease, mostly commercial units, and used Jeeps. Miles remain low and Key Westers rarely drive more than 5000 miles per year.
Slingshot and Boat Rentals - Assets subleased from Polaris, insurance included. Very reasonable payments, national support. Lots of room for growth in the boat rentals.
LSV - We are the GEM electric car dealer, teh STAR EV Dealer and the EZGO dealer, Rent, Sell, Service and lease.
Auto Repair - NAPA Auto Care - Goodyear, Michelin and Bridgstone dealer, - great accounts- $2,000,000 in customer pay parts and labor annually. 6 bays - well equipped shop.
Potential to get in airport when new airport is complete.
If you can run a car dealership, you can run this business. Ideal for a family. Building may qualify as a new car franchise.
Building is leased with option to buy. Updated terms being negotiatied.
Ideal candidate has automovie andor
