Car Rental & Sales Business, Eastern US
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Asking Price
$7,500,000
Detailed Information
South Carolina, US
Not Provided
NA
Business Description
This successful car rental and sales company based in the eastern US, established in 2013, has shown consistent growth each year. Their business model spans multiple locations across various regions, utilizing automated fleet and individual car sales platforms to enhance sales and optimize profitability. With a distinctive market niche approach, the brand maintains a competitive edge and is primed for expansion. There are currently five locations in eastern US cities, including airport counters and local market facilities, all supported by stable lease agreements and partnerships for convenient customer service. The company is fully staffed with established management, policies, and operational structure for seamless growth and expansion. The rental fleet, which consists of a variety of vehicle types, is not included in the sale but is managed through a strategic banking relationship for annual purchases. The current fleet inventory ranges from 2021 to 2024 models with a financed value of approximately $9 million, presenting a substantial opportunity for the buyer to assume or replace the existing financing arrangement. This business would serve as an