Car Rental
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $750000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2001
Number of Employees 4 - 5
Inventory 720000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours per week following the close of escrow.
Reason for Sale Other interests.
Description Grossing over $750,000 annually with a Net of Over $250,000. The Two Independent Car Rental locations: One is in close proximity of LAX and one is in the San Diego location. Consistent sales for the past three years and established over 7 years. Turn Key Operation. Fully Trained Reliable Staff in Place. Rent for the 1000 sq. ft. LA office is $1,700 and for the San Diego 200 sq. ft office is $1,500. Large advertising budget with an easy 800 number. Majority of rentals come from the Internet. 15-20% comes from long term rentals. Sales price includes 85+ cars valued in excess of $700,000. Average age of the fleet is 3 years. LA has 3 part time people covering shifts from Mon-Fri (8am-8pm) Sat-Sun (9am-6pm). San Diego has 1 full time person and back up working owner for Mon-Fri (9am-6pm) and Sat-Sun (9am-5pm). Email or contact Brian Rezvany or Olivia for more information on this Car Rental business for sale.
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