Established Car Rental Business w/ Strong Margins - Seller Financing
Business Description
Outstanding cash flow performer
Structure of deal:
>Asking Price: $2,000,000
>Downpayment: $400,000 (20%)
>Seller Note: $1,600,000 (80%)
>Term: 9.5%, amortized x 15 years, balloon in 10.
Note on Vehicles:
>Fleet consists of 85 vehicles, lender-financed.
>Buyer needs to qualify for a line of credit of approx. 1.6M to transfer title of vehicles.
This fast-growing car rental agency has a rental growth fleet targeting 150 vehicles in 2025. It provides seamless rental experience enabled by cutting edge technology, and fully staffed operation. This business is poised for significant growth in 2025 and beyond.
What is not included in the sale:
> Vehicles - need separate lender financing
> Brand - will be retained by seller for use as marketing affiliate.
Required Next Steps:
> Proof of Funds to be provided within 3 days of receiving information on this business.
>Asking Price: $2,000,000
>Downpayment: $400,000 (20%)
>Seller Note: $1,600,000 (80%)
>Term: 9.5%, amortized x 15 years, balloon in 10.
Note on Vehicles:
>Fleet consists of 85 vehicles, lender-financed.
>Buyer needs to qualify for a line of credit of approx. 1.6M to transfer title of vehicles.
This fast-growing car rental agency has a rental growth fleet targeting 150 vehicles in 2025. It provides seamless rental experience enabled by cutting edge technology, and fully staffed operation. This business is poised for significant growth in 2025 and beyond.
What is not included in the sale:
> Vehicles - need separate lender financing
> Brand - will be retained by seller for use as marketing affiliate.
Required Next Steps:
> Proof of Funds to be provided within 3 days of receiving information on this business.
About the Business
- Years in Operation
- 10
- Number of Employees
- 4
Real Estate
- Owned or Leased
- Leased
- Rent
- $4,800.00 per month
About the Sale
- Seller Motivation
- Other business interests
- Financing Options
- Interest of 9.5%, amortized x 15 years, balloon in 10.
Listing Info
- ID
- 2383206
- Listing Views
- 1172
Listing ID: 2383206 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 of Use. Learn how to avoid scams.
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