Niche Long Term Car Rental Business

San Diego, CA (San Diego County)

Seller Financing Available
Niche Long Term Car Rental Business

Asking Price:$180,000

Cash Flow:$87,445

Gross Revenue:$164,647





Niche Long Term Car Rental Business

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Business Description

This is a rare opportunity to purchase an easy-to-operate car rental business that has an established niche of long term rentals. The seller inherited the business when her husband passed away and cannot operate the business to its best. The beauty of this business is that, when the cars are rented, you're making money while you sleep! The seller states that all 30 cars are rented the majority of the time and they have to turn away business on a regular basis. If a buyer increased the fleet, seller states revenues could also increase. One thing that sets them apart from other car rental companies is that they rent to any licensed driver over the age of 16 from anywhere in the world. This has allowed them to capture a large number of foreign and exchange students who rent cars long term. The business operates from a centrally-located facility in the Kearny Mesa area that has a front office, workshop with a lift bay for repairs and maintenance, and a large yard for housing and detailing the vehicles. If operated correctly, you can do the large majority of your work from the comfort of your home. Call today for more details.

Detailed Information

1FT, 1 Contract
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This is a leased location of 1,349 square feet and a Total Rent of $1,850. Lease ends 2/2017 with One 4 year option. Seller is active in the business with 1FT and 1 Contract employees. Hours of operation are 9am-6pm M-Sat. $85,000 in FF&E included in asking price.
$130,000 DP; Balance SCN for 36 months at 5% interest.
Support & Training:
2 weeks
Reason for Selling:
Owner inherited the Business and cannot operate it to its best

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Dylan McGrath

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Dylan McGrath

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