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Vehicle Rental Business Investment Opportunity in Coimbatore, India

Coimbatore based car rental business that has 13 economy cars and receive 15-20 bookings per week.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 45 thousand
Run Rate Sales USD 39 thousand
EBITDA Margin 40 %
Industries Vehicle Rental
Locations  Coimbatore
Local Time 1:05 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 540 thousand for 10.0% stake (Native Currency: INR 50,000,000)
Reason: For purchasing more cars and expanding our business across Tamil Nadu.
Includes physical assets worth USD 54 thousand
Interested to connect with advisors
Documents
Business Overview
- We have 13 cars that are all company owned.
- Our fleet are all economy vehicles.
- Receive an average of 15-20 bookings per week.
- Each booking is for approximately 2-3 days.
- The cars are meant for self-driving and do not come with a driver.
- Our business is known for its good service in the market.
- Revenue has reduced due to Covid-19.
Products & Services Overview
Car rental business, economic cars for self driving.
Assets Overview
13 vehicles and interior setup of the office.
Facilities Overview
We have 10 cents of parking space and a 650 Sq. Ft. office space. Both properties are rented.
Capitalization Overview
Not Disclosed
Recent Activity
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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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