Car Rental Business for Sale located near Logan Airport

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Asking Price:
$750,000

Gross Revenue:
$400,000
Cash Flow:
$200,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$250,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Small car rental business located near Boston's Logan International Airport. Presently 100% of all cars are rented. Owner has established a long relationship with local body shops & insurance companies to supply vehicles to their clients. Insurance pays all the bills. There is a tremendous upside potential that the owner will guide a new owner to opening up a window at the airport for travelers. This has not been explored yet however the owner has the contacts and knowledge how to help the new owner succeed. The owner wants to retire. Currently the fleet is 18 cars. Primarily 2014 & up Toyotas. All with low mileage. All included in the asking price. Rent is incredibly cheap for the office and Service bay with lift. Currently doing minor repairs to rentals and gets paid again by the insurance company. Bring All Offers

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About the Business

Website:
www.envoyzbusiness.com
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Listing Info

ID:
1541529
Ad Detail Views:
501

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Business Listed by

Wayne Cowart

North American Alliance of Business Brokers

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Sponsoring Broker:

Scott Radin
North American Alliance of Business Brokers

U.S. Census Data for Essex County, MA
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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Essex County, MA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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