Profitable Car Rental Business For Sell !!!

Costa Mesa, CA
Orange County

15 Min. from Disneyland


Asking Price: Annual Revenue:
$649,000 $240,000

Services: Taxi, Limo, & Passenger Transportation


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RE: Profitable Car Rental Business For Sell !!! Broker: Larry Hilliard
License #: DRE#01959745

Quick Facts

Asking Price: $649,000
Annual Revenue: $240,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: 3
BBN Listing #: 434460238
Broker Reference #: Not Disclosed

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Business Overview:

AA Car Rental in Costa Mesa, California has been a commercial icon in the city of Costa Mesa and the surrounding cities of Orange County, California since 1983. The business is located just five minutes from Newport Beach, Fifteen minutes to John Wayne Airport, and twenty minutes to Disneyland. The owner has a fleet inventory of over 20 cars, an SUV, Vans, and a limousine. The business also features a teen drivers training simulator which can be purchased as an optional item. The owner has a long term lease that is renewable at at comparably low, fixed monthly rate.

AA Car Rental has been featured in several different newspaper articles throughout the years for there outreach to the “under 25 year old” car renting public and community charity work. The owner occupies a unique niche in the car rental business in Orange County, California. Ninety percent of his clients are under 25 years of age, and he provides a needed service that other car rental agencies in Orange County do not offer. The company has three websites and a prominent street sign valued at $15,000 dollars. The business is family owned with a potential of franchising. The current owner will train the incoming new owner/investor in the daily operations of the business from his many years of experience. Since 1983 the owner has consistently generated a significant net income. The owner is currently working part time and desires to retire.

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Property Features and Assets:

The business is located on the main artery of Fair Dr. The famous Costa Mesa Fairgrounds is minutes away.

Market Competition and Expansion:

The current profitable business has the potential to expand under new owner/investor. A new owner could implement daily and short term rentals, which would increase the current flow of revenue. A salient feature of this business is the ability to conform time and resource investment and ambitions. It can be small and steady, or expansive and lucrative; whatever you choose. Current owner will help train the new owner/investor on how to operate the business from his many years of managing the daily operations.

Reason for Selling:

Retirement

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 a franchise resale opportunity.

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