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Profitable Truck Rental Company Investment Opportunity in Montreal, Canada

Established Montreal rental car and truck business, 14 years in operation, 12,000 customers, seeking investment.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales USD 6.3 million
Run Rate Sales USD 6.5 million
EBITDA Margin 24 %
Industries Truck Rental + 1 more
Locations  Montreal
Local Time 10:17 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2.9 million for 20.0% stake (Native Currency: CAD 4,000,000)
Reason: Fund will be used to expand and open new offices in Canadian airports. The investor will be given s... View More
Includes physical assets worth USD 2.04 million
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Business Overview
- A rental car and truck company that has been operating for 14 years in Montreal, with a customer base of over 12,000.
- The company has three offices in Montreal and a fleet of more than 1,200 cars and trucks, serving a mix of corporate and individual customers.
- The customer base is predominantly corporate, accounting for 70% of the business, with the remaining 30% being individual customers.
- The company offers both short-term and long-term rental contracts. Short-term contracts, lasting less than 6 months, while long-term contracts, spanning from 6 months to over 1 year,.
- Charges are priced daily, weekly, or monthly based on the duration of the contract.
- The business utilizes dynamic pricing strategies, adjusting prices in real time based on demand to optimize revenue.
- Efficient fleet management is a key operational focus for the company, ensuring the availability and maintenance of its extensive fleet.
- The business has implemented loyalty programs aimed at increasing customer retention and lifetime value.
- There are 7 permanent employees, who are sufficient to run the business operations, no additional contract staff are required.
Products & Services Overview
Offering car and truck rentals.
Serving both individuals as well as corporates. 70% of the clients are corporates.
Providing both short-term and long-term contracts.
Corporates utilize for regular logistics whereas individuals utilize for vacations.
Assets Overview
Physical assets include fleet of cars, trucks, mechanical equipment. basic office furniture and equipment.
Facilities Overview
Operating from 3 rented offices - 1 main office in Montreal which is 4,500 sq ft.
Other 2 offices 450 sq ft each in Montreal.
Capitalization Overview
The business is incorporated in Quebec.
Credit line of fleet - CAD 4M.
Business is 100% owned by one founder.
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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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