Car Rental Solutions for Ride Share Drivers

Calabasas, CA
Los Angeles County

Asking Price: Annual Revenue:
$30,000 $113,207

Services: Non-classifiable

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RE: Car Rental Solutions for Ride Share Drivers Broker: Michael Preston

Quick Facts

Asking Price: $30,000
Annual Revenue: $113,207
Net Profit: $63,391
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $15,200
Real Estate: Not Disclosed
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 675962372
Broker Reference #: 130-00214

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Business Overview:

Established & highly profitable company that took their time to build a business and a plan to create strong cash flows and scalability. This business is priced to sell! This is truly a “turnkey” solution for ambitious people looking to build a career or supplement their income as a rideshare driver. Seller states that they have spent the time, money and suffered the frustration of figuring out how to identify good drivers, to build the business, implemented systems to keep the assets safe and built a support system to keep the cars running all while staying properly insured (benefiting the driver and the company). This business has been growing steadily since it started and even slow and steady growth will provide excellent profit and cash flows allowing the buyer to either re-invest to quickly grow the business OR use it as a source of income for other ventures. The best part is that the market for their product is constantly being supplied and marketed by multi-billion dollar companies such as Uber and Lyft – infusing stability and future growth into this business opportunity. Seller states that they invest less than 5 hours of their time on an average week – making it almost absentee run. You can also very easily relocate if desired as current owner is running it from out of the country. If you are looking for a spectacular opportunity with a lot of upside potential then this is definitely worth a look. Give us a call to discuss.

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Property Features and Assets:

This is an absentee and relocatable business. The seller is active in the business. Hours of operation 9am-7pm Monday to Saturday. Included in asking price are $3,000 Account Receivables and $15,200 Equipment and Fixtures.

Reason for Selling:

Moving out of country.

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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