Car Rental
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $408396
Net Profit / Cash Flow $140463
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Seller is assuming mother's business because she is 70 years old and has cancer.
Description This is a Houston area franchisee for one of the oldest and largest used car rental companies in the USA with locations in all 50 states. They buy, rent, and sell good conditioned used cars from economy size cars to full size sedans, pick-up trucks, mini vans, SUV's, etc. to retail and commercial customers for both short term and long term needs. In addition to national advertising by the franchisor, the franchisee advertises on cable TV, in many local yellow pages and by direct mail. Franchise Royalty Fee is $30 per car per month for cars in the rental fleet. They currently have 30 to 40 cars in their fleet. They operate from an office park with ample room for parking cars and expansion of the business. Wholesale value of vehicles estimated to be $180,000. Buy this high cash flow business for the value of the assets!Contact for more information on this Car Rental business for sale.
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