↩ Go Back
Need help?

Vehicle Rental Company for Sale in Dubai, United Arab Emirates

For Sale: 15 year old car rental company in Dubai with 50 cars.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 600 thousand
Run Rate Sales USD 330 thousand
EBITDA Margin 30 - 40 %
Industries Vehicle Rental
Locations  Dubai
Local Time 12:18 AM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: AED 1,500,000)
Reason: The owner wants to sell the business as they are moving back to their own country. This valuation ta... View More
Includes physical assets worth USD 400 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Commercial License
Logo
Commercial License
Business Overview

- Established car rental company in Dubai with a fleet of 50 cars.

- Running since 2008 and has successfully consolidated its fleet to tackle the COVID economic crisis.

- The business mainly caters to long and mid-term rentals (1 month to 1 week).

- Have a monthly clientele of around 200 clients with a database of over 6,000 clients.

- Have a fully trained staff of 12 who are capable of running the business on their own.

- We do not require a huge parking space as most of our inventory remains occupied.

- All cars are fully paid for and the maintenance of the cars is covered under their respective car company warranties.

- Company is positively reviewed on Google along with a well-performing website.

- The owner has successfully run the business remotely during the pandemic as the business system and ERP are fully developed.

- We witnessed a drop in sales as we sold our old cars due to which the fleet size had reduced.

- The brand can be easily expanded with the help of a loan or franchise.

- Owner is willing to assist the buyer in the early stages as a consultant.

Products & Services Overview

Car rental company catering mainly to UAE residents.

Assets Overview

Office setup and furniture, an office server, ERP, and systems. All our cars are mostly 3 years old and under, we recently consolidated our fleet and sold all old cars.

Facilities Overview

Office of 1,500 sq. ft. with ample parking on the side of the building. Office space is the personal property of the business owner for which they charge AED 25,000 per month. The buyer can either rent/buy this property.

Capitalization Overview

The business is currently fully owned by the owner and with no liabilities. All the vehicles are fully paid up.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

9 Buyers viewed 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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more