Profitable Vehicle Rental Company for Sale in Dubai, United Arab Emirates

For Sale: 10-year old car rental company with over 50 vehicles is for sale in Dubai.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 300 thousand
EBITDA Margin 25 %
Industries Vehicle Rental
Locations  Dubai
Local Time 3:34 PM United Arab Emirates
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 1 million (Native Currency: AED 3,500,000)
Reason: - To focus on another business. - Current sales figures are temporary and based on last year sales,... View More
Includes physical assets worth USD 650 thousand
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Business Name
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Business Overview

- Established Dubai based vehicle rental company.

- The company is being run with a fleet of more than 60 vehicles including high-end luxury SUVs, luxury saloons and regular cars.

- Some of the cars include Kia Sportage, Range Rover Sport, Chevrolet Tahoe, Hyundai Accent, Mercedes E350, Ford Mustang.

- Office is located in Business Bay area, Dubai.

- Cars are used by corporate companies, individual customers, hotels and tourists.

- Have running contracts with many firms and businesses.

- Company delivers the car to the clients and they can use the car on a self-drive basis.

- Business currently has 8 employees but when the company is sold, the employee visas will cancel so there will be only 2 employees remaining.

- Drop in the revenue is temporary due to the pandemic and the sales are already picking up.

Products & Services Overview

Business offers car rental services to companies and individuals.

Assets Overview

Full company with 65 cars (18 Kia Sportage, 2 Range Rover Sport, 4 Chevrolet Tahoe, 10 Hyundai Accent, Mercedes E350, Ford Mustang and many other cars), office furniture (chairs, tables, desk), computers.

Facilities Overview
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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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