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Vehicle Rental Company for Sale in New York, United States

Newly Established Vehicle Rental Company for Sale in New York, United States.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 292 thousand
EBITDA Margin 50 %
Industries Vehicle Rental
Locations  New York
Local Time 7:20 AM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.6 million (Native Currency: USD 1,600,000)
Reason: Promoter is moving to a different country.
Includes physical assets worth USD 215 thousand
Interested to connect with advisors
Documents
Business Overview

- Vehicle rental service in New York City. Vehicles are rented for Uber, Lyft, JUNO, Via. com or Private Limousine Service.

- Rents out TLC certified sedans.

- No Debt or obligation.

- Proven formula to expand and grow.

- Owner available to consult for 6 weeks.

- Make a net income of more than 150K can be managed by one person as it is.

- Have a fleet of 15 vehicles which are around 1.5 years old on an average. (2015-2016)

- All 15 vehicles are consistently generating revenue with no idle time.

- Listed on the Uber marketplace in NYC.

- Have the cheapest rates in NYC.

- All certifications and approvals are in place.

- Stable revenue stream.

Products & Services Overview

TLC certified vehicle rental services.

Facilities Overview

Operate out of home.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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