National Car Rental with 58% margins

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Business Description

In business for over 15 years, own 25-30 cars and real estate. Gross sales of $291,475 in 2018 with $118,218 in profits along with NET REVENUES from real estate of $49,305. total net revenue of $167,523. Potential to grow the business, we are renting 98% of fleet consistently. Average cost of car $3500- 4,500 with revenue of $1100 per month, pay off the car in four months, with 8 months of profit.
Very profitable business with only two employees!!!

About the Business

Location:
Kenosha, Wisconsin
Year Established:
2003
Number of Employees:
2
Real Estate:
Owned
Building Sq. Ft.:
2,600
Facilities:
New Roof, clean Phase 1, tanks out, old BP Gas Station, New asphalt over parking lot,
plenty of room for expansion
Market Outlook/
Competition:
no competition, we accept CASH, DEBIT and CREDIT CARDS no one else does.
Growth & Expansion:
Expansion and growth no problem, in 2014 we had 51 cars, but one partner left so we downsized
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About the Sale

Reason For Selling:
retiring
Training/Support:
Ownership will stay for 3 months or longer
Seller Financing:
net income on RE $49,305

Listing Info

ID:
1542604
Ad Detail Views:
408

Attached Files Attachment Disclaimer

  Business Overview (279 KB)
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Asking Price:
$595,000

Gross Revenue:
$291,475
Cash Flow:
$118,218
EBITDA:
$167,523
Inventory:
$75,000
included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
$350,000
included in asking price

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Business Listed by

Patrick Haris

Cambridge Realty & Brokerage
License# 471005193

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U.S. Census Data for Kenosha County, WI
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Kenosha County, WI
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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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