Motor Vehicle Hire Company - Cars, Vans, Mpvs
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The current owner would be happy to provide full training and support at handover and would be prepared to stay on for a further period if required subject to negotiation.
Reason for Sale The vendor wishes to spend more time with his young family. He also has several other business interests he wishes to develop further.
Description Self Drive Motor Vehicle Hire Company
Ref. AM101.
Location Lancashire.
Asking Price 225,000 plus Fleet (If Required) .
This highly profitable and reputable business was set up by the current owner some 10 years ago and in that time has positioned itself as the leading vehicle hire company in the town it serves, and beyond. The company has one of the widest selection of vehicles for customers to choose from be it for commerical or domestic use and a deep and varied client base to suit. All vehicles in the fleet are modern, clean and have limited mileage. In fact nearly all such vehicles are less that 12 months old. This gives the business a real edge in the market and this is packaged with extremely competitive rates.
The current fleet size is circa 100 vehicles of varying classification. They are all leased and the vendor is happy to offer them to a new owner or dispose of himself.
Approximately 65% of turnover comes from the general public with the remaining 35% being commercial clients. Clients include the local council . The business is also a United licensee (Six Kenning who are the largest supplier of rental vehicles in the UK) and has ongoing licenses which they own outright for 8 unique post codes within the town. This ensures high levels of repeat business and profitability throughout the year.
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