Vehicle Rental Company Investment Opportunity in Taguig, Philippines
|Employees||5 - 10|
|Legal Entity||C Corporation|
|Reported Sales||USD 470 thousand|
|Run Rate Sales||USD 800 thousand|
|EBITDA Margin||10 - 20 %|
|Industries||Vehicle Rental + 1 more|
|Local Time||11:44 AM Asia / Manila|
|Listed By||Business Owner / Director|
- Fleet is a mix of owned cars and 3rd party cars owned by different individuals.
- Since 2020, we've grown 150% YoY despite the pandemic and very minimal marketing spend.
- We are poised to do $700k GMV for 2023 and plan on acquiring our own fleet. Currently, the business only owns 5 cars. The rest are owned by 3rd parties, around 250 cars in total with about a 40% utilization rate.
- We complete on average 1,800 bookings per month.
Car leasing and chauffeured drive business seeking investment.
- We have 5 cars owned by the company.
- We have over 250 cars owned by 3rd party operating inside our platform.
- Custom booking system to manage vendors and distribute bookings accordingly.
- Highly efficient website with high SEO ranking.
We are a fully digital operation and cars are parked at the individual owner's location. They are delivered to the customer directly. No leased premises.
The business is 100% bootstrapped, with no outstanding debt apart from car loans on 5 cars. 100% owned by family members.
5 days, 8 hours agoPartner, Taguig, Financial Consultant connected with the Business
Earlier than 15 daysPartner, Singapore, Private Equity Firm connected with the Business
Earlier than 15 daysFounder, Investment, Bangkok, Corporate Investor / Buyer connected with the Business