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Vehicle Rental Company for Sale in Reykjanesbær, Iceland

Iceland-based car rental company offering adventure travel, with 300 bookings last year.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 690 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 40 %
Industries Vehicle Rental
Locations  Reykjanesbær
Local Time 6:08 AM Europe / Vilnius
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.9 million (Native Currency: EUR 2,500,000)
Reason: The owner wants to focus on his other business.
Includes physical assets worth USD 2 million
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Business Overview
- Based in Iceland, our rental company specializes in providing a variety of RVs and SUVs equipped with roof racks, ideal for adventure travel and exploration across the beautiful Icelandic landscape.
- Last year, we received 300 reservations, predominantly from individual travelers and families, showcasing a strong demand for our services in the adventure tourism segment.
- Our flexible pricing model charges an average of EUR 140 per day, offering competitive rates while maintaining comfort and style, making us an attractive option for budget-conscious explorers.
- Peak season is from May to October, we engage additional temporary staff to ensure seamless service, complementing our dedicated team of 5 permanent employees.
- We pride ourselves on being a team of experienced travelers passionate about the outdoors, eager to share the enchanting experience of camper living with fellow adventure enthusiasts.
- Our expansive fleet of campers provides flexibility and autonomy to travelers, allowing them to fully immerse in the breathtaking Icelandic scenery, unhindered by traditional travel limitations.
- Renting with us offers a unique opportunity to navigate the open roads of Iceland, providing an authentic and exhilarating driving experience that perfectly complements the country’s majestic views.
- The business is registered in Iceland.
Products & Services Overview
Providing a range of RVs and SUVs for rental equipped with roof racks, catering to adventure travelers and families seeking to explore the stunning Icelandic landscape. Peak season from May to October.
Assets Overview
Physical assets include an own office facility, which makes up about 60-70%, while the remaining part consists of a fleet of 40 vehicles. The company also owns a 500 square meter equipped facility and a fenced 0.5-hectare parking lot.
Facilities Overview
Operating from an own facility of 500 sqm, located in Reykjanesbær.
Capitalization Overview
Self-funded.
No outstanding loans.
There is 1 owner/director in the business.
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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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