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Newly Established Vehicle Rental Company for Sale in Central Visayas, Philippines

Car rental service with 4 vehicles handling 56 customers/week for sale in Dauis, Philippines.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 80 thousand
Run Rate Sales USD 92 thousand
EBITDA Margin Nil
Industries Vehicle Rental
Locations  Central Visayas
Local Time 8:41 AM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 69 thousand (Native Currency: USD 69,000)
Reason: We need the cash to open up in other locations under a new name.
Includes physical assets worth USD 40 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
DTI Certification
Mayors Permit
Business Overview
- Operate a thriving car rental business in the Philippines, serving both local residents and international tourists.
- Our fleet includes 4 meticulously maintained vehicles, ranging from brand-new to 3 years old, with a combined estimated value of $40,000 USD.
- We achieve an annual cash revenue between $20,000 and $30,000.
- Our team boasts 40 years of expertise in finance and management.
- We are fully licensed with DTI and Mayor’s Permit.
- We handle an average of 8 rentals per day, operating every day of the week.
- Peak tourism seasons are from March to July, attracting primarily Chinese and Korean visitors in the summer, with a notable European market in November.
- The company is currently breaking even since, we invested cash in buying the vehicles and acquiring clients up until now.
Products & Services Overview
- Car rental business in the Philippines.
- Our key customer segments include both tourists and local residents.
Assets Overview
4 cars worth USD 10k each.
Business permits and mayors license.
Facilities Overview
A facility with a sq ft area of 300 m2.
Not part of the transaction since it is privately owned by the owners.
Located in Dauis, Philippines.
Capitalization Overview
Shareholders are 2.
No loans or debts.
Self funded business.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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