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Vehicle Rental Company for Sale in Tallinn, Estonia

Electric vehicles rental company with decent revenues available for full sale.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 400 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 10 %
Industries Vehicle Rental
Locations  Tallinn
Local Time 8:45 AM Europe / Tallinn
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 270 thousand (Native Currency: EUR 250,000)
Reason: The shift of business focus to other services.
Includes physical assets worth USD 230 thousand
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Business Overview

- Established keyless electric vehicle rental in autumn 2021.

- 55 EVs, 19 different models, with the average age of fleet being 6-18 months, receiving a mix of long and short rentals.

- We provide keyless EV (electric vehicles) rentals for daily, weekly and monthly use.

- Average of 20 to 25 customers renting the products every month.

- Served more than 250 customers to date.

- Business is operational and is generating decent revenue every month but there is a slight dip as compared to last year because of the Covid pandemic.

- The loan details will be shared with the interested buyers.

- Business is fully owned by a single owner.

Products & Services Overview

- Keyless daily and weekly rentals, monthly subscription rentals, rent-to-buy service of EV's.

- SaaS keyless rental software can be used also for ICE vehicle rentals.

- Webpage and rental apps can be translated to multi-languages.

Assets Overview

- Vehicles are the major tangible assets owned by the company along with down payments and rental subscriptions.

- Website and application are the major intangible assets along with customer data, etc in the form of intangible assets owned by the company.

Facilities Overview

A fully keyless system with 90% set-up done. No offices or rental desks are needed. 1 employee can manage up to 100 cars.

Capitalization Overview
Not Disclosed
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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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