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


Request More Information
Contact the Seller

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
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 2008
Employees: Not Disclosed
BBN Listing #: 172253413
Broker Reference #: BEVERCA003-N1

Email, Print & Share

Request More Information
Contact the Seller


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.

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

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 not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!