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Newly Established Vehicle Rental Company for Sale in Niksic, Montenegro

Car rental agency in Montenegro, offering well-maintained vehicles to 8-10 locals and tourists per month.

Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 11.5 thousand
Run Rate Sales USD 13.8 thousand
EBITDA Margin 2 %
Industries Vehicle Rental
Locations  Niksic
Local Time 1:11 AM Europe / Podgorica
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 8 thousand (Native Currency: EUR 7,000)
Reason: The owner has other business commitments and is unable to dedicate sufficient time to this business.... View More
Includes physical assets worth USD 2.3 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- The business is a car rental agency located in Nikšić, Montenegro, providing convenient transportation solutions for locals and tourists.
- They operate with comprehensive licenses, permits, and maintain excellent relationships with insurance companies, ensuring reliable services and vehicle coverage.
- The agency rents vehicles from dealers, introducing a range of well-maintained options for customers to choose from.
- Customers are predominantly individuals seeking short-term vehicle rentals, with a customer base averaging 8-10 clients per month.
- Rental charges are calculated on a per-day basis with a mandatory minimum rental period of three days, offering flexibility for various travel needs.
- The company is officially registered in Montenegro as a DOO, ensuring compliance with local business regulations and standards.
- The car rental agency focuses on customer satisfaction, supported by strong insurance ties, to enhance client confidence and safety.
Products & Services Overview
Montenegro is a thriving tourist destination, making car rental services highly sought after by both visitors and locals.
The car rental agency in Nikšić caters to this growing demand by offering a variety of well-maintained vehicles, primarily sourced from dealers, ensuring reliability and comfort for customers.
Among its most popular rentals are cars with automatic transmission, preferred by tourists unfamiliar with manual driving or seeking convenience during their travels.
Assets Overview
Physical assets: Two seals, a printer for invoices, a laptop, all equipment from the business premises, a counter, chairs, and similar items.
Intangible assets: Company DOO with all permits and papers, printed contracts with logos.
Facilities Overview
The company leases an office space in the city center, where customers come to sign rental agreements. The location is Trg Slobode, Nikšić.
Capitalization Overview
Self-funded.
No outstanding loans or liabilities.
There is 1 owner, holding 100% shares in the 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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