Newly Established Vehicle Rental Business for Sale in Runaway Bay, Jamaica
For sale: Prime-location motorcycle and scooter rental business with a fleet of 30 vehicles.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 112 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Vehicle Rental |
| Locations | Runaway Bay |
| Local Time | 4:39 PM America / Jamaica |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
147 thousand
(Native Currency: JMD 23,550,000)
Reason: Owner is returning to the United Kingdom.
Includes physical assets worth
USD
112 thousand
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Business Name
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User Verification
Documents
Business Registration Certificate
(1.0 MB)
Exterior Branding on A1 - Highway
(107.6 KB)
Shop Front Door
(66.9 KB)
Business Logo
(623.6 KB)
Business Overview
- Located in Runaway Bay on the scenic North Coast of St. Ann, this newly established motorcycle and scooter rental business offers tourists an adventurous "freedom on wheels" experience.
- The business boasts a fleet of thirty brand-new 2024 model 125 cc scooters and motorcycles, catering primarily to the needs of international tourists seeking to explore the local area independently.
- Specializing in motorcycle and scooter rentals, this enterprise provides all necessary safety gear, including helmets and U-locks, enhancing customer safety and convenience.
- Spare tires are readily available, ensuring uninterrupted travel experiences and minimizing potential downtime for customers.
- Managed by a small team of two employees, the business is lean and efficient, allowing for personalized customer service and lower operating costs.
- With a straightforward operational model, the business is fully registered and holds an incorporation certificate, eliminating the need for additional certifications or red tape.
- Its strategic location in a popular tourist area positions the business to capitalize on a steady inflow of visitors, driving rental demand and profitability.
- The business boasts a fleet of thirty brand-new 2024 model 125 cc scooters and motorcycles, catering primarily to the needs of international tourists seeking to explore the local area independently.
- Specializing in motorcycle and scooter rentals, this enterprise provides all necessary safety gear, including helmets and U-locks, enhancing customer safety and convenience.
- Spare tires are readily available, ensuring uninterrupted travel experiences and minimizing potential downtime for customers.
- Managed by a small team of two employees, the business is lean and efficient, allowing for personalized customer service and lower operating costs.
- With a straightforward operational model, the business is fully registered and holds an incorporation certificate, eliminating the need for additional certifications or red tape.
- Its strategic location in a popular tourist area positions the business to capitalize on a steady inflow of visitors, driving rental demand and profitability.
Products & Services Overview
The business specializes in motorcycle and scooter rentals for international tourists, promoting a unique "freedom on wheels" experience.
Assets Overview
Tangible assets:30 125 cc scooters valued at JMD 10 million.
24 HDA helmets.
24 combination U-locks.
24 spare tyres.
Office furniture.
28,000 BTU AC units.
3 wireless CCTV cameras.
Intangible assets:
Brand and website.
Facilities Overview
The rented shop is located in a secure plaza equipped with CCTV surveillance both inside and outside. It is newly renovated, featuring established branding and a registered trademark. The space includes an AC unit, restroom, and storage area.- Rent: USD 1,000/month.
- Area: 850 sq. ft.
- Surrounded by 3 to 4 major resorts, offering high foot traffic and visibility.
Capitalization Overview
The business is registered as a sole trader firm, with dedicated business bank accounts in both USD and JMD. It includes a fully functional website with online booking capabilities and a card machine for in-store transactions. The business operates debt-free and is solely owned by the proprietor.
Recent Activity
-
Earlier than 15 daysOwner, Accounting Firm, Montego Bay, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Management And Consulting, Kingston, Corporate Investor / Buyer connected with the Business
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