Vehicle Rental Company for Sale in Singapore
Semi-retired owner seeks full sale of vehicle rental business with 33 vehicles.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.16 million |
| Run Rate Sales | USD 630 thousand |
| EBITDA Margin | 10 % |
| Industries | Vehicle Rental |
| Locations | Singapore |
| Local Time | 7:53 AM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.95 million
(Native Currency: SGD 2,500,000)
Reason: The owner is semi-retired and looking to sell the business.
We consider this a fair valuation becau...
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Includes physical assets worth
USD
1.76 million
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Business Overview
- The business is a vehicle rental company based in Singapore, focusing specifically on long-term vehicle leasing services.
- It serves a diverse clientele, including multinational corporations (MNCs), small to medium-sized enterprises (SMEs), and expatriates seeking reliable transportation options.
- The fleet consists of 33-34 vehicles available for long-term rent, with lease durations typically ranging from six months to one year.
- Currently, the business has 23 active customers, ensuring a steady revenue stream and strong customer relationships.
- The monthly sales have dropped compared to last year because we have sold some of our vehicles.
- The monthly sales is dependent on the type of vehicle the customer is taking on lease and the duration of the lease it is not related to the number of employees in the company.
- The vehicle rental operation is based out of a rented office space, requiring minimal overhead costs while focusing on scaling the business.
- This business presents an attractive investment opportunity in the growing vehicle rental industry in Singapore.
- It serves a diverse clientele, including multinational corporations (MNCs), small to medium-sized enterprises (SMEs), and expatriates seeking reliable transportation options.
- The fleet consists of 33-34 vehicles available for long-term rent, with lease durations typically ranging from six months to one year.
- Currently, the business has 23 active customers, ensuring a steady revenue stream and strong customer relationships.
- The monthly sales have dropped compared to last year because we have sold some of our vehicles.
- The monthly sales is dependent on the type of vehicle the customer is taking on lease and the duration of the lease it is not related to the number of employees in the company.
- The vehicle rental operation is based out of a rented office space, requiring minimal overhead costs while focusing on scaling the business.
- This business presents an attractive investment opportunity in the growing vehicle rental industry in Singapore.
Products & Services Overview
Our best-selling service is long-term vehicle leasing, catering to MNCs, SMEs, and expatriates.
Assets Overview
Tangible assets consist of 33–34 vehicles along with related equipment.Intangible assets include the business registration documents and the company website.
Facilities Overview
We operate from a rented office in Singapore, with a monthly rent of SGD 800.
Capitalization Overview
The business has a paid-up capital of SGD 1,000,000, which will be settled at the time of sale. There are outstanding loans. The business is solely owned and funded by the owner.
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