Exotic Car Rentals

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$2,400,000 $3,667,802

Automotive & Boats: Marine Repair, Retail, Parts & Service

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RE: Exotic Car Rentals Broker: Gina Veeragoudar
License #: 02072895

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $3,667,802
Net Profit: Not Disclosed
Cash Flow: $1,439,397
Total Debt: Not Disclosed
FF&E: $2,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 5
BBN Listing #: 72158137
Broker Reference #: 207-00011

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Business Overview:

Owner operated profitable independent exotic car rental business & licensee car rental business for sale. This location specializes in high line exotic cars for rent as well as has a trademark licensed car rental business for all types of cars on the same lot. The business is located in busy Los Angeles county and close to LAX and the popular tourist areas. This is a turnkey business that is ready for a new owner that wants to take over a business that has been established since 2014. A new owner can continue with this stable and profitable business, and there is also room for growth. The business has the potential for growth, increasing profit, and establishing itself as the number one exotic car rental company in Los Angeles county. The business is located on a busy street with good visibility. It is comfortable, clean, and inviting for those looking for a fairly easy operation to run. The well-known car rental shop is based on their great exotic car selection as well as their licensee car rental name. In addition to being in a convenient location near the beach, it is walking distance to a residential community, hotels, and has good tourism. The shop has been at the present location since 2014 and the seller has spent $80,000 in leasehold improvements & $2,000 in FF&E. The 2018 gross income is $3,667,802, and the 2018 net income is $1,439,397. The seller will train the buyer for up to two weeks. FF&E are included in the sale. Inventory is approximately $800,000 and is included with the price of the business. Seller is selling due to other business interests. Inquire now! For additional information please contact listing agent Gina Veeragoudar.

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Property Features and Assets:

This is a leased location of 4,000 square feet with a Total Rent of $12,363. Lease ends 06/202. Seller is active in the business with 3 Full Time employees and 2 Part Time employee. Hours of operation are 9 AM to 5 PM, Monday - Saturday. $800,000 in Inventory and $2,000 in FF&E included in Asking Price. $80,000 made in Leasehold Improvements. Dealer License Required if wanting to resell cars at auction.

Reason for Selling:

Seller has other business interests.

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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