Vehicle Rental Business Investment Opportunity in New Delhi, India

- Offer B2B and B2C rental and leasing services of vehicles. Provide cars, minivan, and buses for rent.

- Have offered transportation services to government clients and most of the business' revenue comes from its government clients.

- Asset-light business that doesn't own any of the vehicles and has agreement with over 15 vendors across India who together have a fleet of 700 / 800 vehicles including cars from brands such as Toyota, Maruti Suzuki, and Mercedes Benz in addition to several minivans and buses.

- Our main operation is customer acquisition and we charge around 30% of the trip charges as commission from the vendor.

- Also conduct a verification check of the drivers and records all the necessary registration details of the vehicle.

- Primarily acquire customers through social media marketing.

- We have around 87 regular clients who lease out vehicles on a regular basis and for longer duration.

- Prior to the pandemic, the business conducted 10 - 15 trip duties per day at present this has dropped down to 4 - 5 trip duties per day which has impacted our revenue significantly.

- Our corporate clients include Raymond, American Express, and Christian Louboutin.

- The firm has 6 employees that include 3 promoters, 2 salespersons, and 1 operations executive.

- The promoter has more than 25 years of experience in the travel management sector.

Offer B2B and B2C car rental and leasing services including outstation transport and transport for corporate employees. Also provide minivan and buses on rent.

Laptops, air conditioners, chairs, tables, printers, scanners, camera.

Have a registered office with an area of 600 - 636 square feet and a seating capacity of 10 - 11 employees in Vikaspuri. Paying a rent of INR 35,000 to INR 40,000 and have already paid a security deposit worth two months of rent. Duration of the rental agreement is 2 years and can be renewed.