Summary
Business ID: BS153097. T/O $1.8M p.a. Owners Revenue $900,000 p.a. The business was started 8 years ago in Sydney, to provide rental cars to owner-drivers who wanted to drive for the private hire car
Location Details
BS153097 BS153097
About the Business
Business ID: BS153097
T/O $1.8M p.a. Owners Revenue $900,000 p.a.
The business was started 8 years ago in Sydney, to provide rental cars to owner-drivers who wanted to drive for the private hire car operators who were in competition with the taxis fleets. The owner was the first person to have entered into a contract with one of the main worldwide operators to rent cars to individual drivers and has the first contract to operate Australia-wide.
The business is one of the most popular with the Drivers and is in the enviable position of having more driver enquires than cars to rent. This situation allows any prospective purchaser to double the present size of approximately 110 cars to the 200 plus that the business operated before COVID.
- Established 8 years
- Niche Market
- High Margins
- History of Profits
- Valuable Contract with Multiple National
- Substantial Growth Prospects
- Simple to Management
- No Sales Force Required
This is a relatively simple business to manage, and the owner will provide the buyer with the training and systems over a reasonable period, for a smooth transition.
This business is suitable for an entrepreneur or as an acquisition to quickly grow an existing car rental business.
Asking Price: $3.2 M to include an existing fleet of over 110 cars, assets and goodwill. Stock is not included.
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