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Vehicle Rental Company for Sale in Paphos, Cyprus

Purchase a fast-growing car rental business with 10 cars and EUR 6,500 of monthly turnover.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Public Limited Company
Reported Sales Nil
Run Rate Sales USD 90 thousand
EBITDA Margin 20 - 30 %
Industries Vehicle Rental
Locations  Paphos
Local Time 8:20 AM Europe / Riga
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 156 thousand (Native Currency: EUR 135,000)
Reason: The owner did not get residency in Cyprus.
Includes physical assets worth USD 132 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
Buyer gets:
- 10 cars already bought.
- Newly repaired office with furniture and a second floor.
- Fully automated GPS trackers.
- Self-made made website.
- Advertising brochures, business cards, and QR code stickers on the website.
- Facebook and an Instagram account.
- Legal entity.
The business started less than a month ago, and we have made about EUR 6,500 since then. The only reason for us to sell is that the owner did not get a residency in Cyprus. The owner is from Latvia and can be contacted directly on their Latvian number.
Products & Services Overview
Car rental, transfer to the airport, partnership with a boat.
Assets Overview
Tangible assets:
- 10 cars worth EUR 78,000.
- Newly repaired office with furniture and a second floor available for rent.
- Fully automated GPS trackers.
The above 2 mentioned assets are worth almost EUR 37,000.
Intangible assets:
- Self-made website.
- Advertising brochures, business cards, and QR code stickers on the website.
- Facebook and an Instagram account.
- Account for the spot at google maps.
Facilities Overview
We rent an office with a total of 68 square meters in the southern part of Paphos in Cyprus. We pay EUR 450/month.
Capitalization Overview
The business has 2 workers and 1 owner. There are no debts or loans whatsoever. The business was made using the owners money.
Recent Activity
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11 Buyers already contacted this Business. 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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