National Car Rental with 58% margins

Kenosha, WI (Kenosha County)

National Car Rental with 58% margins
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Asking Price: $595,000

Cash Flow: $118,218

Gross Revenue: $291,475

EBITDA: $167,523

FF&E: $25,000

Inventory: $75,000

Real Estate: $350,000

Established: 2003

National Car Rental with 58% margins

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Business Description

In business for over 15 years, own 25-30 cars and real estate. Gross sales of $291,475 in 2018 with $118,218 in profits along with NET REVENUES from real estate of $49,305. total net revenue of $167,523. Potential to grow the business, we are renting 98% of fleet consistently. Average cost of car $3500- 4,500 with revenue of $1100 per month, pay off the car in four months, with 8 months of profit.
Very profitable business with only two employees!!!

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Detailed Information

Kenosha, WI
Included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
New Roof, clean Phase 1, tanks out, old BP Gas Station, New asphalt over parking lot, plenty of room for expansion
no competition, we accept CASH, DEBIT and CREDIT CARDS no one else does.
Growth & Expansion:
Expansion and growth no problem, in 2014 we had 51 cars, but one partner left so we downsized
net income on RE $49,305
Support & Training:
Ownership will stay for 3 months or longer
Reason for Selling:
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Patrick Haris

Business Listed By:
Patrick Haris

Cambridge Realty & Brokerage

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