Profitable Vehicle Rental Business for Sale in Kuala Lumpur, Malaysia

- Established for over 7 years, this private e hailing car hire company in Kuala Lumpur has built a stronghold with over 1,000 bookings to date. We will guide our clients to register them with e hailing service providers and help them to apply for the EVP permit as required by APAD.
- The business boasts a fleet of 35 cars, maintaining high maintenance standards to ensure customer satisfaction and safety.
- With a competitive edge in pricing, the company offers attractive weekly rates, generating over MYR 15,000 per week.
- Operated with minimal overheads, employing only one part-time employee for day-to-day tasks like maintenance, rent collection, and reporting.
- Primarily marketed through Facebook, the company has effectively tapped into a market of individuals seeking to drive for e hailing jobs.
- Prepared seller offers supportive transition, including setup, advertising, and networking guidance; additional post-transition support is available for an agreed fee.
- Officially registered with the business registration card, the company is well-positioned in a growing private e-hailing car hire market in Kuala Lumpur.
- The business model is highly scalable and profitable. The growth potential is tremendous. Can scale to other neighbouring countries for e-hailing services.
- Fixed monthly expenses account for only 23%-33% of total monthly revenue, around MYR 14800-15000 per month, excluding existing car loans. All car loans will be fully settled before transitioning to a new partner or investor. Potential ROI for the buyer/investor is around 20-25% per annum from the current monthly cash flow of 45k -65k per month. Net free cash flow is around MYR 30k - 50k per month.