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Vehicle Rental Company for Sale in Dubai, United Arab Emirates

Luxury limousine service with a fleet of 19 vehicles and strong partnerships.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.36 million
Run Rate Sales USD 1.47 million
EBITDA Margin 20 %
Industries Vehicle Rental
Locations  Dubai
Local Time 1:53 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.63 million (Native Currency: AED 6,000,000)
Reason: Due to relocation.
Includes physical assets worth USD 1.05 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Trade License
Business Overview
- Limousine service business for sale in Dubai.
- The business includes a fleet of 19 luxury vehicles, all only 1 year old with full comprehensive insurance.
- Business makes money by plying the vehicles on apps Uber, Careem, Yango, Bolt, and also a yearly contract with a 5-star hotel.
- Consistent monthly revenue of approximately 450,000 AED.
- Daily operations managed by a General Manager.
- No cashflow issues in the business as all payments are received within a week.
- Business has a valid trade license specifically for limousine, this license is not very easy to acquire and is a valuable asset part of this sale.
- Sale includes fleet, 25 drivers, hotel contract, and a valid trade license.
Products & Services Overview
Limousine services partnered with Uber, Careem, Yango, Bolt, and a 5-star hotel.
Our services are used by individuals in Dubai seeking a comfortable commute.
Assets Overview
Tangible assets:
- Fleet of 19 luxury vehicles that includes 17 vehicles worth AED 200 thousand while 2 vehicles are worth AED 224 thousand each.
Intangible assets:
- Hotel contract, and a.
- Valid trade license.
- Visa quotas for our professional drivers.
Facilities Overview
We have our rented headquarters in Dubai. Our vehicles are always on the move so we do not have a parking space for them.
Capitalization Overview
- AED 5 million was spent by the founder in setting up the business.
- No outstanding loans or liabilities.
- Sole owner owns 100% of the business.
Recent Activity
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Contact Business
1 Buyer contacted this Business this week. 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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