Vehicle Rental Company Investment Opportunity in Montego Bay, Jamaica
Established | 30-40 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1 million |
Run Rate Sales | USD 1 million |
EBITDA Margin | 20 % |
Industries | Vehicle Rental |
Locations | Montego Bay |
Local Time | 11:32 PM America / Chicago |
Listed By | Business Owner / Director |
Status | Active |
- It boasts a fleet of reliable, top-performing Toyota models, renowned for their durability and efficiency, catering to tourists and locals alike.
- Rental services operate on a per-day charge, providing flexibility for short-term and long-term customers.
- On average, the business handles around 100 bookings each month, showcasing its steady demand and operational strength.
- With last year's total sales hitting $1 million and an EBITDA margin of 20%, the company maintains a healthy profit margin and indicates solid financial performance.
- The business has 7 permanent employees and hires additional temporary staff for vehicle maintenance to ensure high service standards.
- The investment is required to expand the fleet and meet growing demand, which outstrips current supply capabilities, underscoring potential for significant business growth.
- The business owner frequently travels between Jamaica and the USA for business purposes; however, day-to-day operations and management are effectively handled in Jamaica.
- Business has a Certificate of Incorporation.
The company provides flexible rental options charged on a daily basis, suitable for short- and long-term users.
The service is favoured by travellers seeking convenience and by locals in need of temporary transportation.
There is 1 owner.
-
Earlier than 15 daysPrincipal Consultant, Management Consulting Services, Old Harbour, Individual Investor / Buyer connected with the Business