Reputable Van Leasing Agency For Sale

New Orleans, LA

New Orleans Area- Real Estate is for Sale

Asking Price: Annual Revenue:
$520,000 $370,000

Services: Taxi, Limo, & Passenger Transportation

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RE: Reputable Van Leasing Agency For Sale Broker: Michelle Seiler Tucker
Owner Financing is Available!

Quick Facts

Asking Price: $520,000
Annual Revenue: $370,000
Net Profit: $175,000
Cash Flow: $175,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: $400,000
Year Established: 1990
Employees: 1
BBN Listing #: 857853282
Broker Reference #: 6606

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Business Overview:

The locally owned and operated van leasing agency has been in business for decades. The Company specializes in leasing vans to corporations that need to transport employees. With a vast knowledge of the routes and areas, the Company has built a loyal client base of satisfied and returning customers. 90% of the Company's sales come from repeat customers.

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Property Features and Assets:

The company's assets are in excellent condition and are included in the asking price.

Market Competition and Expansion:

The carsharing market is projected to grow to $11 billion by 2024 according to a research report by Global Market Insights, Inc. Fleet size and number of members will grow at around 20% CAGR worldwide. Carsharing could potentially reduce the cost of transportation significantly for commuters. According to the Transportation Sustainability Research Center, car sharing members in the US save $154 to $435 monthly compared to people who own and operate their own vehicles. Additionally, car sharing can help save commuters from the hassle of arranging and paying for parking spaces and maintaining the insurance cover.

Reason for Selling:

The owners are selling due to family reasons.

Additional Details:

  • The property is owned.
  • 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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