Asking Price: $186,000 Gross Revenue: $86,000Cash Flow: $6,700 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $131,000 included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Rare opportunity in Car Rental business that is running smoothly off advanced mobile technology, good management with good old fashioned customer service. We have a pick-up and drop off at two Colorado locations Downtown Denver or Denver International Airport.
Purchase of the business includes 6 Luxury vehicles in fleet with 3 additional vehicles under management. The business has the capacity to grow to 15 vehicle fleet before adding new staff.
About the Business
Number of Employees:
The business has a great online presence in search ranking with great customer reviews. The strong google profile attracts phone calls from the competitors over Hertz, Enterprise, Budget and Avis.
DIA Denver International Airport is one of the fastest growing airports in the country. The rental car industry has always florished and most competing companies all grow and share facilites and space as neighbors. There is plenty of room in the market. Especially Colorado
Growth & Expansion:
This business started before the boom and is ahead of the pack and is supported through its competitors. Great room for growth. Very little to no competition at this time because of the unique offerings and availability. Most cars get rented for around to cars a day.
Includes Step By Step training and onboarding on vehicle maintenance, renter management, customer service, additional revenue opportunities. Seller will stay onboard weekly during transition for first 6 weeks if needed.
Purchase can be made in 2 installments of Wire, Cash or Cashiers Check.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.