Profitable absentee run car rental

San Diego, CA (San Diego County)

Profitable absentee run car rental
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Asking Price: Get Financing: $2,300,000

Cash Flow: N/A

Gross Revenue: $700,000

EBITDA: $350,000

FF&E: N/A

Inventory: $900,000

Established: 1978

Profitable absentee run car rental

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Business Description

Well established long term car rental business is up for sale. The business has been there for over 40 years and the current owner has had it for almost 30 years and has been running it remotely from Florida.

The annual revenue is over 700k/yr. Rent at the current location is only about 2500/m with 3 years remaining on the current lease. The current absentee owner takes home approx 350,000/yr.

The sale includes roughly 120 cars worth approx. 900k.

Buyer must have great credit and a minimum of 650k in seasoned cash. Call broker for details.

Detailed Information

Inventory:
Included in asking price
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(from currently available funds)
 
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AMRIT SIDHU

Business Listed By:
Amrit Sidhu

LIBERTY BUSINESS ADVISORS

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