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Vehicle Rental Company Investment Opportunity in Taguig, Philippines

Profitable car rental operation in the Philippines growing 150% YoY looking for investment!
This Business is on a Premium Plan
Established 1-5 year(s)
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
Locations  Taguig
Local Time 11:44 AM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 90 thousand for 10.0% stake (Native Currency: PHP 5,000,000)
Reason: Fleet acquisition, business expansion into new verticals, and working capital requirements.
Includes physical assets worth USD 70 thousand
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Business Overview

- 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.

Products & Services Overview

Car leasing and chauffeured drive business seeking investment.

Assets Overview

- 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.

Facilities Overview

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.

Capitalization Overview

The business is 100% bootstrapped, with no outstanding debt apart from car loans on 5 cars. 100% owned by family members.

Recent Activity
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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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