Brooklyn, NY
Kings County

Asking Price: Annual Revenue:
$32,500,000 $16,340,057

Services: Transportation - Trucking, Rail, Transit

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RE: TEMPORARILY OFF MARKET - Car Rental Company Broker: Sal Clark

Quick Facts

Asking Price: $32,500,000
Annual Revenue: $16,340,057
Net Profit: Not Disclosed
Cash Flow: $6,732,023
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: Not Disclosed
Year Established: 12
Employees: 50
BBN Listing #: 588849474
Broker Reference #: Not Disclosed

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Business Overview:

Founded in 2006, this highly profitable business primarily specializes in providing automobile fleet rentals for the movie industry and their prestigious client list includes some of the world’s largest corporations such as NBC, Warner Brothers, NBA, Under Armour and more. With consecutive double digit YOY growth every year for the past 5 years, this business shows no signs of slowing down and is rapidly approaching $20MM in annual revenues.

The company’s highly valuable infrastructure and assets include hundreds of vehicles and their established relationships with several car manufacturers allow for the business to return cars at a preset depreciated value. These arrangements drastically reduce depreciation risk and make it easy for the business to continually update their fleet with the latest car models.

With over $17MM in net profits in the past 5 years alone, this turnkey business includes an 12 year track record of continued double digit YOY growth, a highly valuable base of recurring revenues from repeat customers and over $1MM in FF&E, which makes this a highly attractive acquisition opportunity that offers huge upside for overall return on investment.

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Property Features and Assets:

The business has 2 locations with 6,000 square feet and 5,500 square feet respectively. The business is currently operated out of warehouse space with 8,000 square feet of usable space, although the business could be operated out of a smaller space.

Market Competition and Expansion:

3 Years of Consecutive YOY Net Profit Growth. Huge Repeat Business.

Reason for Selling:

Focusing on unrelated business.

Additional Details:

  • The property is leased.
  • 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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