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Established Rental Car Company for Sale

Tequesta, FL (Palm Beach County)

Established Rental Car Company for Sale
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Asking Price: $25,000

Cash Flow: $10,000

Gross Revenue: $249,999

EBITDA: $49,000

FF&E: N/A

Inventory: N/A

Rent: $2,500 /Month

Established: 2008

Established Rental Car Company for Sale

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Business Description

Established Car Rental Company

Established rental car company for sale in Jupiter, FL. Originally, opened in 2008, Tropical Auto Rental started with 10 cars and was eager to penetrate the Jupiter, FL market. 8 years later, we are proud of our 65 car operation with revenue's eclipsing $250,000. Take advantage of an already established name , a 3000 plus customer base, and established relationships with local vendors and body shops. We also revamped our website this year which our internet reservations are up over 120% over last year. We also are listed on Kayak.com. This business is very self sustainable and produces residual income as customers extend rental agreements. Included in the sale will be software training, introductions to vendors who will provide you with cars, if needed, and all insurances needed.

This operation is turn key with an established repeat business, opportunity for expansion, and very little startup costs. Everything is here ready to start making money from day 1.

Detailed Information

Location:
Tequesta, FL
Real Estate:
Leased
Building SF:
500
Lease Expiration:
4/1/2022
Employees:
2
Facilities:
Office space, carport for cleaning cars (shared with 1 other company), 12 parking spaces, located on US 1 with lots of drive by traffic, signage, established name in the community.
Competition:
Florida has one of the largest rental car market in the world. Jupiter, FL is an up and coming city with positive growth for many years, and can easily support 100 cars. Your main competition is Budget Rent A Car in Tequesta, FL, approximately 2 miles away. The business is located on one of the busiest streets on Jupiter, HWY US 1.
Growth & Expansion:
This business is set up for rapid expansion and possible franchise opportunities, This is done with an established customer base, established local and corporate accounts, and easy transition for buyer to generate revenue immediately.
Financing:
All reports, taxes returns, financials, etc.. are available upon request
Support & Training:
As needed
Reason for Selling:
Moving on to another industry
Franchise:
This business is an established franchise
Business Website:
http://carrentaljupiter.com
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Business Listed By:
Seth Pickholtz

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