NOT DISCLOSED, California
| Asking Price |
$1,200,000 |
Year Established |
2015 |
|
| Annual Revenue |
$717,650 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Timothy Kim |
|
| Annual Cash Flow |
$120,000 |
Listing Number |
1002368 |
|
| # of Employees |
|
Business Category |
Services: Taxi, Limo, & Passenger Transportation |
|
Business Overview:
Established long-term vehicle rental business based in Los Angeles, serving the fast-growing gig-economy, rideshare, and delivery-driver segment. Unlike traditional daily car rental operators, this company focuses exclusively on long-term rentals to income-driven drivers, creating a stable, recurring revenue stream with consistent vehicle utilization.
Key Highlights:
- High Asset Value: Sale includes a well-maintained fleet of 100+ vehicles with a wholesale valuation of ~$800,000.
- Proprietary Tech: Proprietary software system automates ~90% of back-office functions (booking, invoicing, tracking), significantly reducing overhead.
- Proven History: Nearly 10 years of operating history with a loyal, recurring customer base.
- Data-Driven Growth: Internal software provides high-value market intelligence, showing substantial unmet demand. Currently, only ~5% of leads convert due to inventory limitations, providing a clear, de-risked roadmap for fleet expansion.
- Diversified Income: Additional high-margin revenue generated through on-vehicle advertising programs.
Operational Upside:
A new owner can streamline costs, refine fleet strategy, and enhance marketing performance, creating immediate operational upside. With focused management and strategic expansion, the business has a strong path for growth. This is an ideal acquisition for an automotive-focused investor, transportation operator, or buyer seeking a stable, asset-backed business with strong growth potential.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity