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Jim Span, DRE #01890142 Contact This Broker
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Car Rental Service Business

California : Other travel & transportation services
Listing #7301-6859

Car rental service for sale. Family owned and operated business with 3 locations in San Diego and Imperial counties. Major growth potential both organically and through acquisition. Ownership streamlined operations during economic downturn and is now experiencing demand that they cannot handle due to maximizing existing credit lines. Services include car rental and car sales. Existing fleet approximately 88 vehicles could easily be expanded to 120 to keep up with current demand. Majority owner would consider staying on as manager to new absentee owner.

Asking Price:

$395,000

Gross Income:

$1,370,906

(last 12 months)
Cash Flow:

$177,765

(last 12 months)
Inventory Value:

Undisclosed

Year Established: 1961 Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: $55,000 Training provided Yes
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Full Time Employees: 15
Real Estate Square Footage: 87120 Part Time Employees: 4

Car rental service for sale. Family owned and operated business with 3 locations in San Diego and Imperial counties. Major growth potential both organically and through acquisition. Ownership streamlined operations during economic downturn and is now experiencing demand that they cannot handle due to maximizing existing credit lines. Services include car rental and car sales. Existing fleet approximately 88 vehicles could easily be expanded to 120 to keep up with current demand. Majority owner would consider staying on as manager to new absentee owner.


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