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  • RE:  Thriving Peer-to-Peer Car Rental Business
  • Contact:  Kevin Dover

Quick Facts

Asking Price: $495,000
Annual Revenue: $414,812
Net Profit: Not Disclosed
Cash Flow: $190,236
Total Debt: Not Disclosed
FF&E: $365,000
Real Estate: Not Disclosed
Year Established: 2022
Employees: 2
BBN Listing #: 993171
Broker Reference #: 6021-18946

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Business Overview:

This turnkey car rental company runs a 27-vehicle fleet exclusively through a top-tier peer-to-peer car-sharing platform, offering a smart entry point into the growing vehicle rental market. Located in one of North Texas’ fastest-growing metro areas, the business has been thoughtfully designed for efficiency and low overhead.

Operations are largely remote and supported by strong tech infrastructure. Each vehicle is equipped with GPS tracking and digital lockboxes, allowing for easy monitoring and fleet management without daily hands-on involvement. A single operator can oversee scheduling, customer support, and maintenance coordination from anywhere. The business offers flexible service features, such as contactless pickup and delivery, which cater to the needs of today’s convenience-focused travelers. The third-party platform handles much of the heavy lifting—marketing, insurance, customer vetting, and payment processing—allowing the owner to focus on strategic growth or simply enjoy the passive income. 

This is a solid opportunity for a semi-absentee owner, first-time entrepreneur, or investor looking to step into a proven, cash-flowing business with room to grow. >>

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

The business currently leases approximately one-third of a strategically located lot for $650 per month, offering exceptional value.Operational needs require only about half of the leased space, as vehicles are typically on-site only briefly for cleaning and turnaround before the next rental. The property owner also owns the adjacent, larger lot and has expressed a willingness to offer additional space, providing a clear path for expansion if desired.

Assets = $365,000

Market Competition and Expansion:

Peer-to-peer car-sharing segment, primarily through Turo, which reported over 12 million active users and more than 300,000 listed vehicles across North America as of 2024. Turo’s platform eliminates many traditional pain points of car rental—paperwork, long lines, and limited vehicle choices—by enabling individual hosts and businesses to offer vehicles on-demand through an app-based marketplace.

According to IBISWorld, the U.S. car rental market is valued at approximately $58 billion in 2025, with the peer-to-peer segment forecasted to grow at over 10% CAGR through 2028. Much of this growth is fueled by travelers looking for personalized, convenient, and tech-forward alternatives.

Competitive Landscape

  • Direct Competitors:
    • Local vehicle hosts on Turo and similar platforms (Getaround, HyreCar)
    • Traditional rental chains (Enterprise, Avis, Budget) with airport-based or centralized locations
  • Competitive Advantages:
    • Turo’s marketing and insurance infrastructure reduces overhead
    • Lockboxes and GPS tracking enable contactless pickup/drop-off and remote monitoring
    • Fleet flexibility and owner-managed logistics create a lean cost structure
    • Repeat customers and high ratings build trust and visibility on the platform

This business is well-positioned for scalable growth across multiple vectors:

Strategic Enhancements

  • Fleet Growth: The lot owner has offered access to a significantly larger adjacent space. This unlocks the ability to increase the fleet size well beyond the current 27 vehicles, with minimal disruption.
  • Operational Hours: Expanding operating hours and staff coverage could allow for tighter turnaround and higher vehicle utilization.
  • Delivery Services: Adding Turo’s delivery feature or dedicated staff for vehicle drop-off could attract more airport and hotel-based renters.
  • Geographic Reach: The model is replicable in nearby cities such as Dallas, Austin, or Houston, either through expansion or acquisition of local Turo hosts.
  • Data-Driven Pricing: Leveraging Turo’s dynamic pricing tools can increase per-vehicle profitability
  • Vehicle Mix Optimization: Introducing higher-margin or specialty vehicles (e.g., SUVs, EVs, premium cars) can target profitable niches
  • Brand Building: Consistent branding, customer service, and 5-star ratings enhance visibility and platform performance
  • Partnerships: Local collaborations with hotels, real estate agents, or corporate housing providers can drive referral bookings

Reason for Selling:

Personal. Kindly ask the seller for more information.

Additional Details:

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

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