Major Price Reduction, Car Rental Agency, Airport Access, S.D., No714

San Diego, CA (San Diego County)

Major Price Reduction, Car Rental Agency, Airport Access, S.D., No714
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Asking Price: Get Financing: $750,000

Cash Flow: $210,000

Gross Revenue: $2,100,000


FF&E: $30,000

Inventory: N/A

Established: 2008

Major Price Reduction, Car Rental Agency, Airport Access, S.D., No714

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Business Description

Major Price Reduction, Founded in February of 2008 to take advantage of opportunities in the California daily car rental market, we are currently running a fleet of between 225 to 300 units. A year ago, we were running approximately 180 units with revenues of over $2 million annually. With our current fleet we project revenues of over $2.7 million for year ending 2017. We have the marketing base to grow to $ 5 million in revenues (projection) however our reason for selling is that we do not have the financing to grow to our potential. Vehicle inventory less payoff against notes the balance is acquired by the new buyer. This business per the seller averages a cash flow of 10% to 15% the bottom line.
Our objective now is to demonstrate to a new owner, with the proper financial strength, the opportunity of propelling the company into a prominent market position. There is room to grow and expand in other areas of San Diego County and Southern California. The sale of our company is an asset sale,
Our headquarters are in San Diego, California close to Lindbergh Field Airport with shuttle services going to the airport hourly.
ask for Hal Janke, Pres., Bkr, CBI, CBB, Sunbelt of SD, all Buyers need to complete and sign the NDA and Buyer profile prior to any information released.
airport service, shuttle service, car rental, rental, service, retail

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
We have a front office and seating lobby with two counter work stations. There is also a back operations office of about 700 sq ft; or so. There is also a restroom on premise. The most important aspect of our leased property is parking and wash area. It is approximately 1/2 acre.
some competition
Growth & Expansion:
great growth potential into other areas of Orange, Riverside and and Southern California.
Support & Training:
Seller will train for 4 weeks
Reason for Selling:
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Hal A. Janke, Pres., CBI, CBB,FIBBA

Business Listed By:
Hal Janke

Sunbelt Business of San Diego

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Listing Statistics for Premium Members

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