Vehicle Rental Business for Sale in Mumbai, India
Profitable vehicle rental business with 18 leased towing vehicles for concrete pump shifting in Mumbai.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 236 thousand |
| Run Rate Sales | USD 236 thousand |
| EBITDA Margin | 30 % |
| Industries | Vehicle Rental |
| Locations | Mumbai |
| Local Time | 1:48 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
295 thousand
(Native Currency: INR 25,000,000)
Reason: The owner wants to sell the business due to health-related issues.
Includes physical assets worth
USD
106 thousand
Interested to connect with advisors
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Documents
GST Certificate
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Business Overview
- Business specializing in providing leasing of towing vehicles (Tata 709) for the shifting of concrete pumps in Mumbai.
- Company currently has 18 vehicles deployed at various companies on fixed contracts for a period of 5 years.
- The business has established relationships with leading companies in Mumbai, all within the construction industry.
- Monthly rental charges for each vehicle stand at INR 65,000, with a total of 6 clients in the portfolio.
- The sale includes the vehicles, existing contracts, drivers, and a mechanic, providing a turnkey opportunity for potential investors.
- The business boasts a track record of prompt payment from its clientele.
- Company currently has 18 vehicles deployed at various companies on fixed contracts for a period of 5 years.
- The business has established relationships with leading companies in Mumbai, all within the construction industry.
- Monthly rental charges for each vehicle stand at INR 65,000, with a total of 6 clients in the portfolio.
- The sale includes the vehicles, existing contracts, drivers, and a mechanic, providing a turnkey opportunity for potential investors.
- The business boasts a track record of prompt payment from its clientele.
Products & Services Overview
The primary service offered is the leasing of specialized towing vehicles specifically used for shifting concrete pumps in construction sites.The primary clients are construction companies in Mumbai that require the transport of concrete pumps and related equipment. These companies rely on the leased vehicles for efficient and timely movement of heavy machinery necessary for their projects.
Assets Overview
Physical assets include 18 towing vehicles, which have the rights to operate with the existing companies.
Facilities Overview
Operating from a rented facility, which is an office and garage located in Kokari Agar, Mumbai.Rent is INR 15k per month.
Capitalization Overview
Currently the business has a loan of INR 10 lakhs which will be cleared by us after receiving the initial payment.Sole proprietorship business.
Recent Activity
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Earlier than 15 daysFounder, Fitness, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysVP Operations, ISP, Bangalore, Corporate Investor / Buyer connected with the Business
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