Auto Ride Share Biz w/Collision Repair business

Not Disclosed, IL
Cook County

Asking Price: Annual Revenue:
$5,000,000 $3,187,652

Services: Taxi, Limo, & Passenger Transportation

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RE: Auto Ride Share Biz w/Collision Repair business Broker: Matt Friscia

Quick Facts

Asking Price: $5,000,000
Annual Revenue: $3,187,652
Net Profit: Not Disclosed
Cash Flow: $712,047
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: $1,500,000
Year Established: Not Disclosed
Employees: 9
BBN Listing #: 671062804
Broker Reference #: 041621-118777

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Business Overview:

This is a very unique business that is exploding after a stellar 2022 year. 150 cars come with this business that are rented for ride share purposes (i.e. people that cannot afford or do not want to use their car for lyft, uber, doordash, amazon, etc.). This opportunity also comes with a built in auto repair business that goes hand in hand with the rental of cars. It is a vertically integrated business model to make sure the cars stay on the road that are typically 95% rented. Real Estate tied to where the business is based is also included in the listing price. Inquire within to discuss what is here to offer and review. Great acquisition for the right buyer and/or private equity. There has been an intense quality of earnings on this business that justified the listing price. This business also comes with a stellar manager of operations. Poised to grow with acquisition of more vehicles. There is never any lack of renters that sign on-going contracts.

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Market Competition and Expansion:

Competition: There are very few competitors in this space with a fleet this big. Expansion: Limitless based on capital to acquire more vehicles. Up to 1,000 vehicles could be used in a large market like the Chicagoland area.

Reason for Selling:

Other venture.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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