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Vehicle Rental Business for Sale in Kingston, Jamaica

Car rental business with 40 clients serving both individuals and corporates, offering convenience and reliability.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 15.3 thousand
Run Rate Sales USD 15.3 thousand
EBITDA Margin 40 %
Industries Vehicle Rental
Locations  Kingston
Local Time 3:36 PM America / Jamaica
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 45 thousand (Native Currency: JMD 7,000,000)
Reason: The owner is planning to relocate.
Includes physical assets worth USD 32 thousand
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Business Name
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Business Overview
- Based in Kingston, this car rental business provides not just cars but 'freedom on wheels, ' merging convenience, reliability, and adventure.
- The business serves 40 clients, including 2 corporate clients, underscoring its potential and appeal to both individual and business sectors.
- Averaging 5 bookings per week, indicative of steadily growing demand and operational activity in the local market.
- Clients are charged a daily rate plus a refundable security deposit, balancing revenue flow with client trust via the refundable component.
- Equipped with renter's insurance for vehicles, ensuring both business and client protection while enhancing service reliability.
- Focused on delivering 'exceptional service, ' the business distinguishes itself by offering hassle-free, memorable travel experiences tailored to both spontaneous and planned journeys.
Products & Services Overview
Car rental business tailored to meet the needs of both individual and corporate clients.
The primary service is car rentals, providing vehicles for short-term use with a fixed daily rate. The business serves 40 clients, including 2 corporate clients who use the service for business travel and employee transportation. Individuals, whether tourists or locals, rent cars for adventures or planned trips.
Assets Overview
Physical assets include fleet of 3 vehicles.
Intangible assets include brand, bank accounts and clients.
Facilities Overview
Operating from an extension of residential premises, this will not be included in the sale.
Capitalization Overview
Self-funded.
No outstanding loans.
There is 1 owner, holding 100% shares in the business.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
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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