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Vehicle Rental Business for Sale in Los Angeles, United States

For Sale: Limo and luxury car rental business with established corporate clients.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales USD 400 thousand
Run Rate Sales USD 420 thousand
EBITDA Margin 15 %
Industries Vehicle Rental
Locations  Los Angeles
Local Time 4:23 PM America / Chicago
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 595 thousand (Native Currency: USD 595,000)
Reason: Business owner is planning to retire.
Includes physical assets worth USD 350 thousand
Documents
Business Overview

- Limo business based out of Los Angeles.

- We offer luxury cars to corporate clients on a contract basis.

- Have 3 luxury cars with us.

- Currently, have 25 corporate clients.

- Business has long term established loyal clients who are with us since inception.

- We have invested minimal funds in advertisement and marketing since we already have fixed clients.

- Willing to assist with the paperwork for a green card for Non-US residence, as purchasing a new business qualifies for the green card.

- We provided transportation services for the Memorial Service of a well known pop singer held in the past which was featured on the TV.

- Buyer would get the complete business with cars, furniture, existing contracts and brand.

Products & Services Overview

We offer limo and luxury car rental services for corporate clients.

Facilities Overview

Rented office space in Los Angeles and the business can be run from anywhere.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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