Business For Sale

Turn-Key Auto Rental Service Company, in a Beau...

San Diego County, CA
San Diego County

Asking Price: Annual Revenue:
$999,000 $2,424,000

Services: Travel Related Services

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RE: Turn-Key Auto Rental Service Company, in a Beau... Broker: Jonathan Pallin
Owner Financing is Available!

Quick Facts

Asking Price: $999,000
Annual Revenue: $2,424,000
Net Profit: Not Disclosed
Cash Flow: $422,000
Total Debt: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: Not Disclosed
BBN Listing #: 172253413
Broker Reference #: BEVERCA003-N1

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Business Overview:

This is an extremely Rare Opportunity to purchase a turn key Auto Rental Business, operating in one of the most beautiful and lucrative Southern California Markets. Offerings of this type have a costly barrier to entry making start-ups an extremely scarce event. The company was founded over ten years ago, operated by the 67 year old founder, wishing to retire. The buyer will be fully protected with a Non-Compete. The company currently operates a fleet of 350 rental cars, up from 180 just two years ago. 2017 revenues came in at $2,424,000 with $422,000 of Seller's Discretionary Earnings (SDE). The seller projects 2018 revenues of $2,700,000 with $472,000 SDE. He also believes with the addition of capital and ambition, 2020 sales potential to roughly double to $5,000,000. The Business Reference Guide uses 45% of sales for valuation = $1091,000. This Asset Sale is offered at $999,000. Although the seller prefers an all cash offer, he will consider offering financing to the buyer, on a case by case basis.

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Reason for Selling:


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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