Car Rental / Sales
Location Louisiana,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $2600000
Net Profit / Cash Flow $570000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1988
Number of Employees 20 - 34
Inventory 1400000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Available.
Reason for Sale Retirement.
Description **SIGNIFICANT PRICE REDUCTION** Very large 18 year old Car Rental Business has 4 locations in 3 large cities across Southeast Louisiana. 3 locations do just rentals while the primary 4th location does rentals and sells surplus inventory. All cars are equipped with GPS location indicators and kill mechanisms. Company has a very nice fleet of fairly new low mileage cars. Since Hurricanes Katrina and Rita, business that was very good before is absolutely booming now. It should continue to boom in the foreseeable future as the massive reconstruction projects work out over the years. Seller is ready to retire, is motivated to sell and will stay on for up to 6 months to train new owner and transition the business. This is a very easy business to own and operate. Come see this very nice business. You will be impressed.
Click Here To Contact Seller
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