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UNDER CONTRACT - Regional Auto Rental Business w/ 2 Locations
Business Description
Strong Cash Flow and YoY Growth
This fast-growing regional car rental and fleet maintenance business has 2 locations (one in Charleston and one in Greenville). With a rental fleet of almost 250 vehicles as of 2025, seamless rental experience enabled by advanced operations management platforms, and fully staffed operation, this business is poised for significant growth in 2025 and beyond.
Structure of deal:
>Asking Price: $4,75,000
>Downpayment: $950,000 (20%)
>Seller Note: $3,800,000 (80%)
>Term: 9.5%, amortized x 15 years, balloon in 10.
Note on Vehicles:
>Fleet consists of 250 vehicles, lender-financed. >Buyer needs to qualify for a line of credit of approx. 5M to transfer title of vehicles.
>Pricing of vehicles will be done using third party platforms
Note: buyer will be required to submit proof of funds for liquid capital to satisfy downpayment amount.
Structure of deal:
>Asking Price: $4,75,000
>Downpayment: $950,000 (20%)
>Seller Note: $3,800,000 (80%)
>Term: 9.5%, amortized x 15 years, balloon in 10.
Note on Vehicles:
>Fleet consists of 250 vehicles, lender-financed. >Buyer needs to qualify for a line of credit of approx. 5M to transfer title of vehicles.
>Pricing of vehicles will be done using third party platforms
Note: buyer will be required to submit proof of funds for liquid capital to satisfy downpayment amount.
About the Business
- Years in Operation
- 12
- Employees
- 47
- Facilities & Assets
- Lease Terms Options: Renewable
Facilities: 4 leased retail/commercial spaces ranging from 1500-3000 SF ($3000-$6300) - Market Outlook / Competition
- The competitive landscape remains strongly dominated by large car rental agencies, yet smaller players finding creative ways to subvert market share and build a permanent niche.
- Opportunities for Growth
- New airport rental locations and enhancement of services in current locations.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other business interests
- Transition Support
- Number of Weeks Seller Will Offer Training: 2
- Financing Options
- Financing Amount $3,800,000.00 Interest 9.5% Terms 180 Monthly Payment $37.923,0
Listing Info
- ID
- 2227735
- Listing Views
- 3414
Listing ID: 2227735 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.