Business Description

This growing car rental and fleet maintenance business operates at four locations, including two at airports and two near downtown areas. They boast an almost 500-vehicle fleet in 2024, equipped with cutting-edge technology for a seamless rental experience. With plans for significant growth in 2024 and beyond, including the addition of two more airport locations, the business forecasts combined revenue of nearly $13 million. The business aims to increase revenues to over $6 million per location through expanded services at their current locations. With EBITDA projected to double in 2024 to over $7 million, their fleet maintenance division is licensed for both retail and wholesale services, capable of accommodating a fleet size of over 900 vehicles. All vehicles are owned by a separate legal entity and leased to the car rental division, where matters such as title, insurance, repairs, and taxes are managed. To support this aggressive growth, the business has a fully staffed operation ready to meet customer demand and capitalize on opportunities for