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Profitable Car Rental Business – Serving Uber & Lyft Drivers – $615K R

Santa Monica, CA (Los Angeles County) (Relocatable)
Profitable Car Rental Business – Serving Uber & Lyft Drivers – $615K R

Asking Price: $1,800,000

Cash Flow (SDE): $615,000

Gross Revenue: $615,000

EBITDA: Not Disclosed

Established: 2014

Seller Financing Available
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Business Description

Long term leasing contracts only for Uber/Lift/Delivery drivers

This established rideshare car rental business provides vehicles to Uber and Lyft drivers on a short-term, flexible basis. With 110 vehicles in the fleet and 80 fully in operation today, the company has developed a strong recurring rental base and reputation within the rideshare community.

Highlights:

Steady weekly rental income from drivers who rely on vehicles to generate their own earnings

Diverse fleet of fuel-efficient sedans, hybrids, and other models

Operations in a high-demand market with consistent need for driver rentals

Scalable model – additional cars can be placed into operation immediately as demand grows

Growth & Expansion

Place additional vehicles from the existing fleet into service to increase utilization

Expand by adding SUVs, EVs, or luxury cars to capture higher rental rates

Build partnerships with Uber/Lyft driver onboarding centers, rideshare groups, and gig worker associations

Market to food delivery drivers (DoorDash, Instacart, Amazon Flex) for additional demand streams

Support & Training

Owner is willing to provide comprehensive transition support, including fleet management processes, customer acquisition strategies, and operational know-how.

Ad#:2418041

Detailed Information
Location:
Santa Monica, CA
Inventory:
$1,050
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
$1,050
Included in asking price
Employees:
12 (4 Full-time, 5 Part-time, 3 Contractors)
We have contractors servicing the cars, an accountant, body and repair shops par
Facilities:
This established rideshare car rental business provides vehicles to Uber, Lyft and delivery drivers. Currently business operates around 105 vehicles in the fleet and 75 fully operating with long term contracts, the company has developed a strong recurring rental base. Significant Physical Assets 105-vehicle fleet (75 operational, 30 available for expansion) Well-maintained vehicles with complete maintenance and service records Driver contracts and rental agreements in place Each renter has their own verified full coverage insurance
Competition:
Fleet Size Advantage – With 105 cars (75 active, 30 ready for deployment), we can service more drivers than most local competitors. Niche Focus – Unlike general car rental chains, we are tailored specifically to rideshare drivers, with fuel-efficient vehicles, flexible weekly contracts, and streamlined onboarding. Reputation & Repeat Clients – We have built a strong reputation among Uber and Lyft drivers, resulting in recurring rentals and referrals. Competitive Pricing – National chains rent to drivers but at higher rates and with stricter terms.
Growth & Expansion:
The business has immediate upside: of the 105-vehicle fleet, 30 cars are idle and can be deployed to increase revenue right away. Expanding into SUVs, EVs, or luxury vehicles would attract higher-paying drivers and diversify income streams. Additional growth opportunities include partnering with Uber/Lyft onboarding centers, offering referral incentives to existing renters, and marketing to gig economy delivery drivers such as Amazon Flex, DoorDash, and Instacart.
Financing:
We can accept financing
Support & Training:
Owner will remain for a transition period to ensure smooth handover and assist with operations 6 contractors already handling sales and customer acquisition ensure continuity Training on fleet management, driver onboarding, and operational systems included
Reason for Selling:
Retiring
Business Website:
https://easygo-auto.com/
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Business Listed By:
Ellen Alexander
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Business Listed By:
Ellen Alexander
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Ad#:2418041

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