Turo Fleet Car Rental Business For Sale – 14-Vehicle Turnkey Operation

Asking Price$599,990

Cash Flow

EBITDA$132,385

Gross Revenue$205,548

InventoryNot Disclosed

FF&E$580,000
Included in asking price
Real EstateNot Disclosed

Nissan Rogue 2023
Ford Mustang 2023
Ford Mustang 2023
Ford Bronco 2023
Ford Bronco 2023
Ford Mustang 2023
Ford Mustang 2023
Ford Mustang 2023
Honda Accord White 2023
Honda Accord White 2023
Honda Accord White 2023
Honda Accord White 2023
Honda Odyssey Black 2022
Honda Odyssey Black 2022
Hyundai Kona Black 2022
Hyundai Kona Black 2022
Hyundai Kona Black 2022
Hyundai Palisade Maroon 2023
Hyundai Palisade Maroon 2023
Hyundai Palisade White 2023
Hyundai Palisade White 2023
Hyundai Santa Fe Black 2022
Hyundai Santa Fe Black 2022
Hyundai Santa Fe White 2021
Hyundai Santa Fe White 2021
Hyundai Tucson 2023
Hyundai Tucson 2023
Kia Carnival Black 2023
Kia Carnival Black 2023
Kia Carnival EX+ White 2022
Kia Carnival EX+ White 2022
Kia Carnival White 2023
Kia Carnival White 2023
Nissan Rogue 2023
Nissan Rogue 2023
Ford Mustang 2023
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Turo Fleet Car Rental Business For Sale – 14-Vehicle Turnkey Operation


Asking Price$599,990

Cash Flow

EBITDA$132,385

Gross Revenue$205,548

InventoryNot Disclosed

FF&E$580,000
Included in asking price
Real EstateNot Disclosed

Business Description
54% EBITDA - Turnkey Project, can be run from anywhere
Turnkey Turo Fleet Car Rental Business - 14 Vehicle Operation

This established peer-to-peer car rental business operates a profitable 14-vehicle fleet through Turo, North America's largest car-sharing platform. Located in Vancouver, BC, this turnkey operation has generated consistent cash flows with minimal overhead since 2024.

FINANCIAL PERFORMANCE:
• Annual Revenue: $205,548 CAD
• EBITDA: $132,385 CAD (57% margin)
• Cash Flow: $115,148 CAD
• Fleet Utilization: 74% (above industry benchmark of 65-70%)
• 710 completed trips in last 12 months

BUSINESS HIGHLIGHTS:
• Superhost status with 4.9-star rating from 850+ trips
• Diversified fleet: SUVs, minivans, sedans, and sports car
• Fleet valued at $580,000 at acquisition cost
• Recent model years (mostly 2022-2023) with strong residual value
• Revenue nearly doubled year-over-year
• Lean operating model with outsourced management options

OPERATIONAL ADVANTAGES:
• All systems established: pricing optimization, booking management, maintenance schedules
• Automated guest communication tools and templates
• Strong vendor relationships with hotels, mechanics, and insurance providers
• Complete operational manual and 4 weeks seller training included
• No long-term liabilities or lease obligations

GROWTH POTENTIAL:
• Proven unit economics: $14,700 average annual revenue per vehicle
• Easy scalability through incremental vehicle additions
• Market tailwinds with Turo's projected 15-20% annual user growth
• International tourism to BC rebounding, particularly Asian markets
• Strong outdoor adventure market demand

COMPETITIVE POSITION:
• Top-tier host rating drives premium search placement
• Superior 57% EBITDA margin vs. 8% for traditional rental companies
• Veteran host status improves algorithm rankings
• Quasi-monopoly position in Canadian P2P market

This recession-resilient business model requires minimal fixed costs and offers multiple exit strategies. Fleet can be liquidated for significant recovery value ($400,000+ used market value). Owner selling due to career change. Third-party financing available.

Ideal for investors seeking cash-flowing assets with tangible backing and growth potential in the expanding sharing economy.
About the Business
Years in Operation
2
Employees
2 Contractors
Facilities & Assets
No physical rental location or staffing required
Lower overhead (no storefront, minimal admin)
Higher margins (Turo's commission structure leaves 75% to host)
Flexible
Current Fleet & Operations
Fleet Composition (14 vehicles):
Minivans (8-seater family vans) 3 Kia Carnival (2x), Honda Odyssey
Full-Size SUVs (8-seater) 2 Hyundai Palisade
Mid-Size SUVs (5-seater) 4 Hyundai Santa Fe, Hyundai Tucson, Nissan Rogue
Compact SUVs & Crossovers 3 Ford Bronco Sport, Hyundai Kona N-Line
Sedan 1 Honda Accord
Sports Car 1 Ford Mustang
Total 14
Website
https://www.turo.com
Market Outlook / Competition
Competitive Landscape
Traditional majors (Hertz, Avis, Budget) cater to airport and corporate
Turo captures independent travelers and tourists seeking unique vehicles
Limited direct P2P competition; Turo quasi-monopoly in Canada
Challenges:
Rising insurance costs affecting rental margins
Ride-share competition (Uber, Lyft) for short distance trips
Economic sensitivity: fewer discretionary trips if recession occurs
Opportunities:
International tourism to BC rebounding (Asian markets recovering)
Outdoor adventure market (skiing, hiking, national parks).
Opportunities for Growth
Competitive Positioning
This Business's Edge:
Factor Advantage
Host Rating 4.9? (top 1%) on Turo – drives bookings
Fleet Diversity Mix of 14 vehicles covers multiple use cases
Utilization 74% beats industry norms – proven appeal & pricing
Margins 57% EBITDA margin – superior cost management
Platform Tenure Veteran host status improves search algorithm rankings
About the Sale
Seller Motivation
Change of career goal
Transition Support
Current owner can stay for 2 week to complete a hand-over.
Financing Options
Third-party Financing can be provided
Listing Info
ID
2463007
Listing Views
Attached DocumentsAttachment Disclaimer

Turnkey-Rental-Business-Opportunity.pdf


Contact Seller

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Business Listed by: Sayem Hasan

Listing ID: 2463007 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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