Profitable Luxury & Exotic Car Sharing-So. Florida

Miami-Dade County, FL (Relocatable)

Profitable Luxury & Exotic Car Sharing-So. Florida
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Asking Price: N/A

Cash Flow: $319,920

Gross Revenue: $1,442,424

EBITDA: N/A

FF&E: $250,000

Inventory: N/A

Established: 2013

Profitable Luxury & Exotic Car Sharing-So. Florida

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Business Description

Profitable Luxury and Exotic Car Sharing Firm based in South Florida- Enter a $30 billion & growing industry called peer to peer Car Sharing. TURO, Get Around, Uber and Lyft are part of the industry, but this firm has taken the Premium Car Rental market by storm. Brands like Lamborghini, Ferrari, Rolls Royce, Bentley, Mercedes & other top brands. All vehicles are owned by the original owner but are managed by the seller and both parties share in the revenue generated by the sharing. No Inventory/No Accounts Receivable. Seller typical achieves 40% gross Profit margins. All exotic car inventory & transactions are handled by sellers customer service agents.

Detailed Information

Location:
Miami-Dade County, FL
Employees:
4 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Airport Location-$6k/month -Year to Year Lease- 3000 sq ft.
Support & Training:
Will train for 4 weeks @ $0 cost.
Reason for Selling:
Looking to expand across the US.
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Russell Cohen M&AMI,CBI,BCI,CM&AP,CM&AI-

Business Listed By:
Russell Cohen

Murphy Business & Financial Services LLC

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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. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. 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. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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