Vehicle Rental Company Investment Opportunity in Montego Bay, Jamaica
Jamaica based Established car rental company with strong customer base and plans for expansion.
| Established | 30-40 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1 million |
| Run Rate Sales | USD 1.2 million |
| EBITDA Margin | 20 % |
| Industries | Vehicle Rental |
| Locations | Montego Bay |
| Local Time | 4:25 AM America / New York |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1 million
for
50.0%
stake
(Native Currency: USD 1,000,000)
Reason: The business owners are seeking an investor to help with the expansion of their car fleet and to est...
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Includes physical assets worth
USD
1.5 million
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Business Overview
- Served over 350,000 customers for the past 35 years.
- Annually, more than 1,000 new clients join through our new Greek franchise.
- Business managed to generate its highest revenue last year, and plans to continue the same.
- Attracting over 100 customers monthly.
- Provides daily car rental services.
- Offers additional driver services upon customer request.
- Fleet consists of over 100 vehicles.
- Proximity to the airport attracts a high number of tourists.
- Partnerships with Booking. com and Expedia have significantly increased sales.
- Acquired a new franchise, further boosting sales.
- Holds a Certificate of Incorporation.
- Annually, more than 1,000 new clients join through our new Greek franchise.
- Business managed to generate its highest revenue last year, and plans to continue the same.
- Attracting over 100 customers monthly.
- Provides daily car rental services.
- Offers additional driver services upon customer request.
- Fleet consists of over 100 vehicles.
- Proximity to the airport attracts a high number of tourists.
- Partnerships with Booking. com and Expedia have significantly increased sales.
- Acquired a new franchise, further boosting sales.
- Holds a Certificate of Incorporation.
Products & Services Overview
- We offer passenger cars and vans.- Serving international visitors via our website.
- Increased business through the acquisition of a franchise in Greece.
- Collaboration with brokers and platforms such as Expedia, VIP Cars, and Booking. com.
Assets Overview
The business owns:- 100 cars valued at USD 1 million.
- Commercial property with an office setup and all necessary spare parts for the vehicles worth USD 500,000.
Facilities Overview
- Business operates from a self-owned commercial property in downtown Montego Bay, situated near the airport and along the prime corridor within the resort areas.
Capitalization Overview
- This business has been family-owned, with two shareholders and directors for the past 35 years.- Financing has been secured through the National Export and Import Bank and the National Commercial Bank, with loans totaling USD 40,000.
- The loans have been utilized for the purchase of new cars.
- The outstanding loan balance is expected to be settled within the next three years.
Recent Activity
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Earlier than 15 daysPrivate Equity Analyst, Kingston, Financial Consultant connected with the Business
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