Vehicle Rental Business Investment Opportunity in Nicosia, Cyprus
Strategic partnership opportunity in vehicle rental business, aiming to enhance customer experience and grow revenue.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 900 thousand |
| Run Rate Sales | USD 900 thousand |
| EBITDA Margin | 40 % |
| Industries | Vehicle Rental |
| Locations | Nicosia |
| Local Time | 2:34 PM Europe / Istanbul |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
580 thousand
for
35.0%
stake
(Native Currency: EUR 500,000)
Reason: The owner is seeking an investment to expand the business. The investment will help:
1. Buy new car...
View More
Includes physical assets worth
USD
760 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Domain-Verification.pdf
(213.7 KB)
Business Overview
- The business operates in the vehicle rental industry in Nicosia, offering an economical range of cars catering to families and tourists.
- With a small team of 4 employees, the company focuses on providing clean, fully serviced cars for daily, weekly, and monthly rental packages.
- The company is in the process of finalizing partnerships with two major travel companies, which is expected to significantly increase its customer base and revenue through a commission-based agreement.
- The business currently sources a significant portion of its car inventory from Japan, including popular brands such as Toyota, Nissan, and BMW.
- The company is seeking a strategic partner to help expand its fleet, offering a stake in the business in exchange for increased investment in the company.
- The future plans of the company include the establishment of parking and washing facilities to enhance the overall customer experience and operational efficiency.
- The business is well-positioned to benefit from the potential growth in the tourism sector and the increasing demand for affordable rental cars in Nicosia.
- With a small team of 4 employees, the company focuses on providing clean, fully serviced cars for daily, weekly, and monthly rental packages.
- The company is in the process of finalizing partnerships with two major travel companies, which is expected to significantly increase its customer base and revenue through a commission-based agreement.
- The business currently sources a significant portion of its car inventory from Japan, including popular brands such as Toyota, Nissan, and BMW.
- The company is seeking a strategic partner to help expand its fleet, offering a stake in the business in exchange for increased investment in the company.
- The future plans of the company include the establishment of parking and washing facilities to enhance the overall customer experience and operational efficiency.
- The business is well-positioned to benefit from the potential growth in the tourism sector and the increasing demand for affordable rental cars in Nicosia.
Products & Services Overview
We mostly rent economical ranged cars and most of our customers are families and tourists.
Assets Overview
The business currently has 60 cars ranging from EUR 10k to EUR 25k.
Facilities Overview
The business is currently operating from a rental facility in Nicosia, and plans on expanding to a self owned facility.
Capitalization Overview
The business right now has a single owner.There are no outstanding loans on the business.
Recent Activity
-
Earlier than 15 daysCFO, Investments, Larnaca, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Investments, Nicosia, Corporate Investor / Buyer connected with the Business
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